Creation of Inter-Agency Task Force in Preparation for the Negotiation of the Third Danish Loan
Letter of Instructions No. 466, issued on September 29, 1976, establishes an inter-agency task force to prepare for negotiations regarding the Third Danish Loan. The task force, led by Antonio Locsin and including members from various government sectors, is tasked with presenting project proposals to Danish authorities, conducting preliminary discussions on loan terms, and assisting Danish experts during their project evaluations. The Order is effective immediately and underscores the Philippine government's initiative to engage in international financial cooperation.
Law Information
- Reference Number
- Letter of Instructions No. 466
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 29, 1976
LETTER OF INSTRUCTIONS NO. 466
TO : All Concerned
There is hereby created an inter-agency task force to act as the Philippine Government counterpart team in the preparation for the negotiation of the Third Danish Loan, composed of the following:
| 1 | Antonio Locsin | Head |
| NEDA Deputy Director-General | ||
| and Chairman of the Board, | ||
| LWUA | ||
| 2 | Teddy Rey | Member |
| Administrator, Farm System | ||
| Development Corporation | ||
| 3 | J. Roberto L. Abling | Member |
| Director, Presidential | ||
| Management Staff, | ||
| Office of the President | ||
| 4 | Francisco Coruna | Member |
| Bank Executive Assistant | ||
| Department of Finance |
The task force shall:
1. Present GOP project proposals to the Danish authorities. cdt
2. Conduct preliminary discussions for the terms and conditions of the loan.
3. Provide the Danish experts with staff assistance in their on-the-spot survey of conditions relative to the project proposals. aisa dc
This Order takes effect immediately.
DONE in the City of Manila, this 29th day of September, in the year of Our Lord, Nineteen Hundred and Seventy-Six. cd
Cite This Law
Creation of Inter-Agency Task Force in Preparation for the Negotiation of the Third Danish Loan, Letter of Instructions No. 466, Sep 29, 1976 (Philippines)
Creation of Inter-Agency Task Force in Preparation for the Negotiation of the Third Danish Loan, Letter of Instructions No. 466 (Phil. 1976)
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