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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO. 1963

DECLARING THE PERIOD FROM THURSDAY, MAY 1 TO WEDNESDAY, MAY 7, 1980, AS PAG-I.B.I.G. WEEK

WHEREAS, the government has launched the PAG-I.B.I.G. program to enable workers to systematically save for their own housing requirements through the Mutual Home Development Fund managed by the National Home Mortgage Finance Corporation;

WHEREAS, significant outputs of this program show in concrete terms what the New Society’s concern for the common man means by the housing and saving programs engendered by PAG-I.B.I.G.;

WHEREAS, to further heighten public awareness and participation in the program by the workers of the country, particularly the government employees, who under LOI 937 are encouraged to join PAG-I.B.I.G., it is desirable that a set of activities within a defined time span be set aside and designated to showcase the first outputs of the program; and

WHEREAS, a fitting time for launching this set of activities is during the Labor Day celebrations as the PAG-I.B.I.G. Program is primarily designated to assist fixed-salaries workers afford homes they could call their own;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby declare the period from Thursday, May 1 to Wednesday, May 7, 1980, as PAG-I.B.I.G. Week.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this 1st day of May, in the year of Our Lord, nineteen hundred and eighty.

(SGD.) FERDINAND E. MARCOS
President of the Philippines

By the President:

(SGD.) JOAQUIN T. VENUS
Presidential Assistant

The Lawphil Project - Arellano Law Foundation

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