Appropriating Funds for Public Works Involving Rehabilitation and Capital Development
Presidential Decree No. 3, issued on September 26, 1972, addresses the urgent need for the rehabilitation and reconstruction of infrastructure damaged by recent calamities in the Philippines. It emphasizes the government's duty to restore normal economic and social activities while simultaneously pursuing further development to prevent economic stagnation. The decree also highlights the necessity for financial assistance from international lending institutions and other governments to support these efforts. As a result, the decree incorporates an appropriations measure aimed at facilitating public works and sustained economic development.
Law Information
- Reference Number
- Presidential Decree No. 3
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 26, 1972
PRESIDENTIAL DECREE NO. 3
APPROPRIATING FUNDS FOR PUBLIC WORKS INVOLVING REHABILITATION AND CAPITAL DEVELOPMENT, SYNCHRONIZING THE SAME WITH PREVIOUS PUBLIC WORKS APPROPRIATIONS
WHEREAS, the rehabilitation and reconstruction of damaged infrastructure facilities due to the recent calamities is a primordial duty of the Government, to bring about normality in the economic and social activities of the people; aisa dc
WHEREAS, in addition to rehabilitation and reconstruction, development efforts must be carried on with even greater effect, to avoid economic stagnation;
WHEREAS, the implementation of the rehabilitation and reconstruction and the undertaking of other development projects would require the availment of financial assistance preferred by international lending institutions and other governments;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081 dated September 21, 1972, and General Order No. 1 dated September 22, 1972, as amended, and for sustained development of the economy, do hereby issue this decree.
For this purpose, the attached appropriations measure is hereby adopted and decreed as part of the law of the land.
DONE in the City of Manila, this 26th day of September, in the year of Our Lord, Nineteen Hundred and Seventy-Two.
Cite This Law
Appropriating Funds for Public Works Involving Rehabilitation and Capital Development, Presidential Decree No. 3, Sep 26, 1972 (Philippines)
Appropriating Funds for Public Works Involving Rehabilitation and Capital Development, Presidential Decree No. 3 (Phil. 1972)
Related Laws
- Appropriation for Public Works Involving Rehabilitation and Capital DevelopmentPresidential Decree No. 475 • Jun 3, 1974 • Presidential Issuances
- Amending Section I, Annex I-D of P.D. No. 3 Re: Appropriation of Funds for Certain Public WorksPresidential Decree No. 277 • Aug 20, 1973 • Presidential Issuances
- Appropriation of Funds for Public WorksPresidential Decree No. 759 • Jul 31, 1975 • Presidential Issuances
- Amending P.D. No. 3 Re: Appropriation of Funds for Public WorksPresidential Decree No. 47 • Nov 10, 1972 • Presidential Issuances
- Appropriation of Funds for Rehabilitation and Development of MindanaoPresidential Decree No. 290 • Sep 11, 1973 • Presidential Issuances
- Appropriation of Funds for Infrastructure DevelopmentPresidential Decree No. 1342 • Apr 4, 1978 • Presidential Issuances
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