LETTER OF IMPLEMENTATION NO. 77, December 07, 1978

[ LETTER OF IMPLEMENTATION NO. 77, December 07, 1978 ]

ADOPTING THE PROGRAM OF NON-INFRASTRUCTURE CAPITAL OUTLAYS OF THE NATIONAL GOVERNMENT FOR CALENDAR YEAR NINETEEN HUNDRED AND SEVENTY-NINE

Whereas, the national budget for CY 1979, has been authorized by Batas Pambansa Big. 1, the General Appropriations Act, and by various continuing and automatic appropriations;

Whereas, the CY 1979 program for current operations has been approved under Letter of implementation No. 75;

Whereas, the program of expenditure for capital outlays requires review by individual project to ensure full support of development goals, agency objectives and programs, and regional strategies;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby adopt the following measures to implement appropriations for capital outlays approved under Batas Pambansa Blg. 1 and other pertinent laws:

The list of capital outlays and their corresponding obligational limits and cash estimates for CY 1979, as embodied in the attached document, is hereby approved, covering all agencies of the national government with the exception of the Ministry of Public Works, Transportation and Communications, the Ministry of Public Highways and the Ministry of Local Government and Community Development.

The various implementing agencies shall prepare the necessary work and financial plans to expeditiously and efficiently implement the approved projects, in accordance with standard budgetary procedure, less approved budgetary reserves.

Funds shall be released as are necessary to comply with the approved program: PROVIDED, That adjustments may be made by the Minister of the Budget upon consultation with the Minister concernd, to take into account revised cost estimated and other unforseen circumstances and observing the policy, and procedure established by Batas Pambansa Blg. 1.

Released funds shall be used only for the projects and purposes authorized under the corresponding funds release.

Done in the City of Manila this 7th day of December, in the year of Our Lord, nineteen hundred and seventy-eight.

(Sgd.) FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.) JACOBO C. CLAVE

Presidential Executive Assistant