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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 791 |
The Director of Fisheries and Aquatic Resources
The Minister of the Budget
The Governor of the Central Bank of the
Philippines and Chairman, Presidential Committee on
Agricultural Credit
The President of the Philippine National Bank
The Chairman of the Development Bank of the
Philippines
The Chairman of the Philippine Fish Marketing
Authority
The President, University of the Philippines System
The Minister of Education and Culture
Pursuant to Presidential Decree No. 704 date May 16, 1975 and Letter of Instruction 495 dated September 8, 1976 approving the Integrated Fisheries Development Plan, the Minister of Natural Resources, with the assistance of the agencies within its jurisdiction and of the other government instrumentalities involved in fisheries development, shall intensify fish production and improve fish distribution to attain self-sufficiency in fish, expand exports, increase employment, and improve the quality of life of small fishermen in the coastal areas, With the participation of the other officials named in this directive, the Minister of Natural Resources shall operationalize the Blue Revolution Program. To this effect, I therefore issue the following specific directives:
1.
The Director of Fisheries and Aquatic Resources shall intensify and
expand the BFAR training and extension program especially in the
depressed areas of the Philippines and the coastal areas of Mindanao.
This program shall encourage activities for producing exportable
fishery products and those that provide alternative sources of
livelihood to fishermen, such as sea farming.
2. The
Minister of Education and Culture and the President of the University
of the Philippines System, through the UP College of Fisheries, shall
assist the Bureau of Fisheries and Aquatic Resources in expanding its
training and extension program by making available their facilities and
technical expertise, whenever necessary and applicable.
3. The
Minister of Natural Resources, as Chairman of the Fishery Industry
Development Council shall, in consultations with the government
financial institutions, finalize a comprehensive and expanded credit
program for small fishermen similar to Masagana-99 and shall
incorporate in this program measures to improve the validity of small
and medium-sized fishing activities. The fisheries credit program shall
include the components of the financing packages, the priority fishing
areas, and the overall supervision and management set-up.
4. The Bureau
of Fisheries and Aquatic Resources shall provide extension support and
technological assistance in implementing this credit program.
5. The
Philippine Fish Marketing Authority shall provide marketing support in
implementing this credit program.
6. The
aforementioned financial institutions shall extend the financial
assistance required by the credit program in the priority areas
selected by the FIDC Technical Committee on Credit. However, the
Minister of Natural Resources, as Chairman of the FIDC, is hereby
directed to expand coverage of the credit program to nationwide
proportions to the extent feasible.
7. The
Minister of the Budget is hereby directed to release to the Fishery
Industry Development Council the amount of P10 million pesos provided
in PD 704 as Special Guarantee Fund to provide seed money for this
purpose, following the concept of Masagana 99.
The Minister of Natural Resources shall keep me informed of the progress of the Blue Revolution Program, particularly as regards extension and credit.
Letters of Instructions, Executive Orders, Memorandum Circulars, Rules and Regulations or parts thereof inconsistent with this Letter of Instruction are hereby revoked or modified accordingly.
This Letter of Instruction shall take effect immediately.
DONE in the City of Manila, this 10th day of January, in the year of Our Lord, Nineteen Hundred and Seventy-nine.
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