MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ ADMINISTRATIVE ORDER NO. 361, September 17, 1974 ]
CREATING AN AD HOC COMMITTEE TO STUDY THE PROBLEMS OP THE SUGAR INDUSTRY
WHEREAS, the sugar industry is a main foreign exchange earner of the country making it a vital sector of the economy;
WHEREAS, the sugar industry is presently confronted with serious problems that would negatively affect its significant contribution to the country, unless immediately studied and solved;
WHEREAS, the members of the industry have pointed out certain problem areas for immediate resolution if the industry is to continue the important role it currently plays in the Philippine economy;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby constitute and create an Ad Hoc Committee to study the problems of the sugar industry. The Committee shall be composed of the following:
| The Director General |
– |
Chairman |
| National Economic and Development Authority |
– |
Member |
| The Secretary of Trade or his representative |
– |
Member |
| The Secretary of Industry or his representative |
– |
Member |
| The Administrator, Sugar Quota Administration or his representative |
– |
Member |
| The Governor, Central Bank of the Philippines or his representative |
– |
Member |
| The President, Philippine National Bank or his representative |
– |
Member |
It shall be the responsibility of the Committee to look into the current problems now plagueing the sugar industry particularly those areas identified by the members of the Philippine Sugar Association such as:
1) Problems arising from the implementation of the single agency concept especially as it affects the industry’s financing arrangements.
2) Problems affecting the marketing of sugar both here and abroad, including the question of allocation.
3) Problems of pricing.
On account of the urgency of the aforementioned problems, the Committee is hereby directed to meet among themselves and with the members of the sugar industry and other related groups and to come up with their findings and recommendations within a period of one week from the date hereof.
Further, in the performance of its functions, the Committee is empowered to call upon any department, bureau, agency or instrumentality of the government for such assistance as it may need, and to create such committee, sub-committee or staffs as may be necessary.
Done in the City of Manila, this 17th day of September, in the year of Our Lord, nineteen hundred and seventy-four.£A⩊phi£
(Sgd.) FERDINAND E. MARCOS
President of the Philippines
By the President:
(Sgd.) ALEJANDRO MELCHOR
Executive Secretary
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