Office of the President
of the Philippines
Malacañang
MEMORANDUM ORDER NO. 13
TO | : | RAUL S. MANGLAPUS |
Chairman, Joint Legislative-Executive Foreign Debt Council | ||
: | CIELITO HABITO | |
Director General, NEDA | ||
: | LEONORA VASQUEZ DE JESUS | |
Head, Presidential Management Staff (Secretariat to the Foreign Debt Council) | ||
SUBJECT | : | CONGRESSIONAL PARTICIPATION IN ALL LOAN PROGRAMS AND DEBT NEGOTIATIONS |
DATE | : | 13 July 1992 |
In a meeting with the Senators held last 11 July 1992, the issue on the need for better participation/consultation with the Legislature on all loan programs and debt negotiations was raised.
In this regard, please ensure that all loan programs and debt negotiations are done in consultation with the Legislature.
(Sgd.) PETER D. GARRUCHO, JR
Acting Executive Secretary