WHEREAS, consistent with the President's vision to build a strong republic as outlined in the Ten-Point Agenda and the National Development Agenda and summarized in the Cabinet Memorandum dated 01 July 2004, the Medium - Term Philippine Development Plan (MTDP), 2004-2010 and its accompanying Medium-Term Philippine Investment Program (MTPIP), 2005-2010, was formulated to provide the development framework for the next six years;

WHEREAS, the MTPDP, 2004-2010, was formulated with the participation of the major stakeholders from the public and private sectors;

WHEREAS, the Cabinet Cluster on Security, Cabinet Cluster on Economy and Cabinet Cluster on Poverty Alleviation have endorsed the approval of the MTPDP, 2004-2010, while the formulation of the accompanying MTPIP, 2005-2010 was reiterated by said Cabinet Clusters;

NOW, THEREFORE, I, GLORIA MACAPAGAL - ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order and direct:

 

SECTION 1. The Medium-Term Philippine Development Plan (MTPDP) for 2004-2010 is hereby approved.

 

SECTION 2. The National Economic and Development Authority (NEDA) shall coordinate and monitor the implementation of the MTPDP, 2004-2010, by various national government agencies including state universities and colleges (SUCs) government-owned and controlled corporations (GOCCs), government financial institutions (GFIs) and other government corporate entities (OGCEs) and their subsidiaries, the local government units (LGUs), and other instrumentalities under the Executive Department and other major stakeholders. It shall likewise coordinate the MTPDP's periodic assessment and updating.

 

SECTION 3. The NEDA Director-General is hereby authorized, upon consultation with the President, to issue such memoranda, circulars or other orders as may be considered necessary or advisable in the coordination and monitoring of the MTPDP implementation as well as its assessment and updating. For these purpose, the NEDA Director-General may create the appropriate inter-agency committees, as necessary.

 

SECTION 4. The Department of Budget and Management (DBM) shall provide the necessary budgetary support for the implementation, assessment and updating of the MTPDP and the formulation, implementation, assessment and updating of the MTPIP subject to the usual accounting and auditing requirements.

 

SECTION 5. This Order shall take effect immediately.

Adopted: 13 Dec. 2004

(SGD.) GLORIA MACAPAGAL-ARROYO

By the President:

(SGD.) EDUARDO R. ERMITA
Executive Secretary