MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ MEMORANDUM ORDER NO. 468, November 19, 1974 ]

CONSTITUTING A PHILIPPINE PANEL TO MEET AND CONFER WITH THE DULY AUTHORIZED REPRESENTATIVES OF THE ASIAN DEVELOPMENT BANK FOR A LOAN OF FIVE MILLION EIGHT HUNDRED THOUSAND U.S. DOLLARS (U.S. $5,800,000.00) TO FINANCE THE CONSTRUCTION OF THE AGUSAN DEL SUR IRRIGATION PROJECT.

There is hereby constituted a Philippine Panel to meet, confer, and negotiate with duly authorized representatives of the Asian Development Bank for a loan of FIVE MILLION EIGHT HUNDRED THOUSAND U.S. DOLLARS (U.S. $5,800,000.00) to finance the construction of the Agusan del Sur Irrigation Project.

The Panel shall be composed of the following:

Hon. Cesar Virata Secretary of Finance Chairman
Mr. Alfredo L. Juinio Administrator, National Irrigation Administration Member
Mr. Eduardo G. Corpuz Director for Agriculture, Programs and Projects Office National Economic and Development Authority Member
Mr. Roque A. Sorioso Director, Legal Service National Economic and Development Authority Member
Mr. Francisco D. Corona Bank Executive Assistant II Office of Secretary Virata Member

Secretary Virata is likewise authorized to conclude and sign such agreement with the Asian Development Bank covering the aforesaid loan and have invested in him with full and all manner of power and authority for this purpose.1aшphi1

This Order takes effect immediately.

By authority of the President:

(Sgd.) ALEJANDRO MELCHOR
Executive Secretary

Manila, November 19, 1974


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