MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Memorandum Order No. 13, July 13, 1992 ]

TO : RAUL S. MANGLAPUS

Chairman, Joint Legislative-Executive Foreign Debt Council
: CIELITO HABITO

Director General, NEDA
: LEONORA VASQUEZ DE JESUS

Head, Presidential Management Staff (Secretariat to the Foreign Debt Council)
SUBJECT : CONGRESSIONAL PARTICIPATION IN ALL LOAN PROGRAMS AND DEBT NEGOTIATIONS
DATE : 13 July 1992

In a meeting with the Senators held last 11 July 1992, the issue on the need for better participation/consultation with the Legislature on all loan programs and debt negotiations was raised.

In this regard, please ensure that all loan programs and debt negotiations are done in consultation with the Legislature.1aшphi1

(Sgd.) PETER D. GARRUCHO, JR
Acting Executive Secretary


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