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MEMORANDUM CIRCULARS
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MEMORANDUM CIRCULAR NO. 166 -
DIRECTING THE FORMULATION OF THE PHILIPPINE NATIONAL DEVELOPMENT PLAN
FOR THE 21st CENTURY
WHEREAS, Sec. 9 of the 1987 Constitution
mandates the central planning agency of the government to coordinate
the preparation of national socio-economic development plans;
WHEREAS, there is a need to sustain the economic gains that the
Philippines has achieved in the past five years, and to pole-vault the
Philippines to the twenty-first century;
WHEREAS, there is a need to ensure economic stability and consistency
of government policies and programs;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by
virtue of the powers vested in me by law, do hereby order that:
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Done in the City of Manila,
this 21st day of August in the year of Our Lord, Nineteen Hundred and
Ninety-Seven.
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