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MEMORANDUM CIRCULARS
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MEMORANDUM CIRCULAR NO. 7 -
DIRECTING THE FORMULATION OF THE MEDIUM-TERM PHILIPPINE DEVELOPMENT
PLAN, 1999-2004
WHEREAS, Article XII, Sec. 9 of the 1987
Constitution mandates the economic and development planning agency of
the government to implement continuing integrated and coordinated
programs and policies for national development after consultations with
the appropriate public agencies, various private sectors, and local
government units;
WHEREAS, the vision of the Estrada Administration calls for poverty
reduction through sustained growth and effective targetted support
programs for the poor and vulnerable sectors of society;
WHEREAS, there is a need to translate the vision of the Estrada
Administration into specific policies, programs, and targets, as well
as define the enabling legislation that will support such undertaking;
WHEREAS, in line with the objective of government to rationalize
government spending and ensure effective governance, the development
plan to be formulated shall be the basis of the three-year expenditure
framework which specifies the resource allocation of the national
government, as well as the sectoral plans of the various agencies;
WHEREAS, there is a need to ensure that the development plan to be
formulated reflect the aspirations of all sectors of the Philippine
society, including the marginalized sectors and communities, the
private sector, civil society, and the government;
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order that:
Section 1.
Sec. 2.
a.
b.
c.
Sec. 3.
Sec. 4.
Sec. 5.
Sec. 6.
DONE in the City of Manila,
this 11th day of August, in the year of Our Lord, Nineteen Hundred and
Ninety-Eight.
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