Release of Additional Funds for Magat Dam and Appurtenant Facilities
Letter of Instructions No. 1203, issued on March 1, 1982, mandates the release of P400,000,000 from the Special Fund to the National Irrigation Administration (NIA) to address a funding shortfall for the completion of the Magat Dam and its facilities. This project is crucial for enhancing the Philippines' irrigation and energy programs and is expected to be completed by year-end. The NIA is required to provide a detailed report on the use of the allocated funds to the President through the Minister of Energy. The instructions are effective immediately upon issuance.
Law Information
- Reference Number
- Letter of Instructions No. 1203
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 1, 1982
LETTER OF INSTRUCTIONS NO. 1203
| TO | : | The Minister of Energy |
| The Minister of the Budget | ||
| The Treasurer of the Philippines | ||
| The Chairman, National Irrigation Administration |
The National Irrigation Administration has reported that the Magat Dam and Appurtenant Facilities can be finished by the end of this year if additional budgetary support is given to cover the peso funding shortfall. Since this project would have a significant impact on the country's irrigation and energy programs, an additional budgetary release of P400,000,000 to the National Irrigation Administration (NIA) is required to ensure that this project proceeds on schedule. Therefore, the Treasurer of the Philippines is hereby directed to release to NIA out of the Special Fund created under Section 8 (j) of R.A. 6173 as amended, the amount of P400,000,000.
The NIA is also directed to submit to the President of the Philippines through the Minister of Energy a report accounting for the disbursement and use of the foregoing amount.
This Letter of Instruction takes effect immediately.
DONE in the City of Manila, this 1st day of March, in the year of Our Lord, Nineteen Hundred and Eighty-Two.
Cite This Law
Release of Additional Funds for Magat Dam and Appurtenant Facilities, Letter of Instructions No. 1203, Mar 1, 1982 (Philippines)
Release of Additional Funds for Magat Dam and Appurtenant Facilities, Letter of Instructions No. 1203 (Phil. 1982)
Related Laws
- Management, Development, etc. of Watershed Areas of Pantabangan and Magat Multi-Purpose Dam ProjectsLetter of Instructions No. 1002 • Mar 20, 1980 • Presidential Issuances
- Protection, etc. and Rehabilitation of Watershed Areas of Pantabangan Dam, Nueva Ecija and Magat Dam, IsabelaLetter of Instructions No. 845 • Apr 16, 1979 • Presidential Issuances
- Release of Additional Funds for the Completion of the Magat Multi-Purpose ProjectLetter of Instructions No. 1064 • Sep 3, 1980 • Presidential Issuances
- Additional Budgetary Release for Completion of Magat Multi-Purpose ProjectLetter of Instructions No. 736 • Sep 4, 1978 • Presidential Issuances
- Additional Budgetary Release for Completion of the Magat Multi-Purpose ProjectLetter of Instructions No. 1124 • May 5, 1981 • Presidential Issuances
- Additional Budgetary Release for Completion of the Magat Multi-Purpose ProjectLetter of Instructions No. 923 • Aug 30, 1979 • Presidential Issuances
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