Executive Order No. 225 (1970)

MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ 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