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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 954 -
PROVIDING FOR THE STABILIZATION OF FISH SUPPLY AND PRICES |
The Ministry of the Budget
The Ministry of Finance
The Ministry of Human Settlements
The Ministry of Local Government & Community
Development
The Ministry of National Defense
The Ministry of Natural Resources
The Ministry of Trade
The National Economic and Development Authority
The Central Bank of the Philippines
The Philippine National Bank
The Development Bank of the Philippines
The Land Bank of the Philippines
The Commission on Audit
The Metro Manila Commission
The Food Terminal, Inc.
The Philippine Fish Marketing Authority
The Maritime Industry Authority
WHEREAS, fish a basic component of the Filipino diet an essential source of protein;
WHEREAS, fish supply and prices fluctuate wildly due to the seasonality of fish supplies, the long-standing inefficiencies in the fish marketing system, and the lack of adequate institutional credit for fish producers and fish traders;
WHEREAS, there is a pressing need for concerted action on the part of government and the private sector to stabilize fish production, streamline the fish marketing system, and provide adequate production and marketing credit.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and direct that:
1.
The Food Terminal, Inc. (FTI) and the Philippine Fish Marketing
Authority (PFMA) shall undertake the direct procurement of a
significant portion of the total volume of fish traded daily in Metro
Manila area and shall sell such fish through selected traders and/or
retailers with the end in view of reducing and or stabilizing fish
supply and prices; and prices throughout the country, with priority
given to fish, vegetables and fruits sold in the Metropolitan Manila
area.
2. That the
Presidential Action Committee on Food shall be initially composed of
the following:
a.
The Minister of Agriculture as Chairman and Presidential Action Officer
b. The Minister of Natural Resources
c. The Minister of the Budget
d. The Minister of Trade
e. The Governor of the Central Bank
f. The Deputy Minister of Human Settlements
g. The Deputy Minister of Human of Cooperative
Development of the Ministry of Local
Governments and Community
Development
h. The Chairman of the Development Bank of the
Philippines
i. The President of the Philippine National Bank
j. The President of the Land Bank of the Philippines
k. The Administrator of the National Grains Authority
l. The Chairman of the Food Terminal, Inc.
m. The General Manager of the Philippine Fish
Marketing Authority
n. The Assistant to the Governor and Chairman of the
Metro Manila Commission
3. The Presidential Action Committee on Food is empowered:
a.
to determine the strategies necessary to attain its objectives;
b. to prepare
the necessary plans and programs to effectively implement the
strategies arrived at;
c. to
determine the duties and responsibilities of, and establish guidelines
for all ministries and government agencies involved in the food
industry;
d. to
supervise, coordinate and monitor the activities of all government
ministries and agencies involved in food supply and prices;
e. to create
appropriate sub-committees on various commodities if found, and for as
long as necessary;
f. to call on
the resources of all government ministries and agencies necessary to
implement the strategies arrived at; and
g. to utilize
any transport and storage facilities from the government and private
sectors.
All provisions of other Letter of Instructions inconsistent with this order are hereby repealed and/or amended accordingly.
This Letter of Instructions shall take effect immediately.
Done in the City of Manila, this 30th day October, in the Year of Our Lord, Nineteen Hundred and Seventy-Nine.
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