Continuation of the Fuel Price Support for Certain Designated Transport and Other Industries

Letter of Instructions No. 390Presidential Issuances

Letter of Instruction No. 390, issued on March 25, 1976, mandates the continuation of fuel price support for designated transport and other industries in the Philippines. This support, initially established by earlier letters of instruction, is extended for an additional three months, from April 1, 1976, to June 30, 1976. The directive emphasizes the importance of this support as part of national policy. The letter is addressed to various government officials, highlighting a coordinated approach to fuel pricing during this period.

March 25, 1976

LETTER OF INSTRUCTIONS NO. 390

TO : The Secretary, Department of Local Government & Community Development
    The Secretary, Department of Public Works & Transportation and Communications
    Director General, National Economic & Development Authority
    Chairman, Philippine National Oil Company
    Chairman, Oil Industry Commission

 

For reasons of national policy, it is essential that the fuel price support for certain designated transport and other industries be continued. Accordingly, the effectivity of Letter of Instruction No. 280 as extended by Letters of Instruction No. 306, 327 and 349 is hereby further extended for another period of three (3) months beginning April 1, 1976 and ending June 30, 1976. casia

DONE in the City of Manila, this 25th day of March, in the year of Our Lord, Nineteen Hundred and Seventy-Six. cd