Government Policy Review of Certain Policies, etc. Governing Operations of Export Oriented Firms
Letter of Instructions No. 1032

May 29, 1980


TO : The Minister of Finance, Hon. Cesar E.A. Virata
The Minister of Trade, Hon. Luis R. Villafuerte
The Minister of Industry, Hon. Roberto V. Ongpin
The Minister of Agriculture, Hon. Arturo R. Tanco
The Minister of Natural Resources, Hon. Jose J. Leido, Jr.
The Minister of Energy, Hon. Geronimo Z. Velasco
The Governor, Hon. Gregorio S. Licaros
The Central Bank of the Philippines
The Acting Commissioner, Hon. Ruben S. Ancheta
Bureau of Internal Revenue
The Commissioner, Hon. Ramon J. Farolan
Bureau of Customs
The Administrator, General Pedro Dumol
National Electrification Administration
All Concerned
SUBJECT : Government Policy Review of Certain Trade, Fiscal, Monetary and Administrative Policies, Rules, Regulations and Procedures Affecting the Operations of Export Oriented Firms

WHEREAS, for the purpose of accelerating the country's export promotion program, there is a need to put into effect the necessary government assistance to enterprise whenever possible; cdt

WHEREAS, there is a need to continuously examine and assess existing trade, fiscal and monetary policies, and other government administrative procedures, rules and regulations to make these responsive to the needs of the exporters, given the dynamic changes occurring in the international markets;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines by virtue of the powers vested in me by the acd

You are hereby directed to submit your written reactions to these proposals through the Ministry of Trade for consolidation and such written reactions shall be subject of a dialogue where I shall preside with the private sector groups to be held some time the last week of June, at which the definitive government response on such proposals shall be made.

This Letter of Instructions shall take effect immediately.

DONE in the City of Manila, this 29th day of May, in the year of Our Lord, Nineteen Hundred and Eighty. aisa dc