Fishery Industry Development Council
        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 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

1.    The credit program for small and medium-scale fisheries shall henceforth be known as BIYAYANG DAGAT '79;

2.    The program shall include small-scale marine capture, small-scale culture of mussels, oyster, seaweeds, freshwater culture of tilapia, carp, hito, etc. in freshwater ponds and rice paddies;

3.    The program shall include intensification of fish culture in brackishwater fishponds. Thus; The Minister of the Budget is hereby directed to release to the Fishery Industry Development Council the amount of Ten Million Pesos (P10,000,000) to be made part of the Fishery Guarantee Loan Fund to provide seed money for production loans for fishponds; 

4.    The Governor of the Central Bank will make eligible for 100 per cent rediscounting at one per cent interest rate all loans granted under the BIYAYANG DAGAT "79 credit program;

5.    The Minister of Natural Resources and the Governor of the Central Bank shall launch this program immediately.

Since 19.07.98.