EXECUTIVE ORDER NO. 225, April 21, 1970

[ EXECUTIVE ORDER NO. 225, April 21, 1970 ]

RECONSTITUTING THE FINANCIAL POLICY COMMITTEE AND RENAMING IT FINANCIAL AND FISCAL POLICY COMMITTEE

In order to integrate into one body all functions pertaining to fiscal, financial and government investment policies, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby reconstitute the Financial Policy Committee created under Executive Order No. 97, dated October 26, 1967, as amended by Executive Order No. 223 dated March 21, 1970, to include the following:

Secretary of Finance Commissioner of the Budget Chairman, National Economic Council Governor, Central Bank of the Philippines Administrator, Office of Economic Coordination Chairman, Board of Investments Chairman, Development Bank of the Philippines General Manager, Government Service Insurance System President, Philippine National Bank Administrator, Social Security System The Director-General, Presidential Economic Staff The Financial Policy Committee is also hereby renamed Financial and Fiscal Policy Committee, and shall perform in addition to its functions listed in Executive Order No. 97, dated October 26, 1967, the functions of the Special Committee on Government Investments, created under Executive Order No. 33, dated July 21, 1966, which body is hereby abolished.

This amends Executive Order No. 223, dated March 21, 1970.

Done in the City of Manila, this 21st day of April, in the year of Our Lord, nineteen hundred and seventy.

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

By the President: (SGD.) ALEJANDRO MELCHOR Acting Executive Secretary