WHEREAS, the Presidential Commission for the New Century and the Millennium ( œPCNCM ) is the lead body tasked to develop and recommend to the President of the Philippines the country ™s strategic visions and goals for the next century, especially in the field of science and technology for agriculture;

WHEREAS, the PCNCM has already instituted several projects and programs pursuant to its mandate under Executive Order No. 129, s. 1999 as amended by Executive Order No. 185, s. 1999;

WHEREAS, the National Planning Conference for the Master Plan on the New Millennium, a program spearheaded by the PCNCM, will be conducted in the first quarter of the year 2001;

NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA , President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

SECTION 1. Extension of Term. - Section 5 of Executive Order No. 128 s. 1999 is hereby amended to read as follows:

œSection 5. Cessation of the Commission. - The term of existence of the PCNCM shall cease on June 30, 2001.

SECTION 2. Funding. - No additional funds shall be allocated for the extended term of the Commission; Provided, that all unexpected funds of the Commission pursuant to Section 8 of Executive Order 128, s. 1999 as amended, shall be utilized to carry out its projects and fund its operations until June 30, 2001; Provided further, that the Department of Budget and Management is hereby instructed to allow the realignment of funds of the Commission to carry out its purposes.

SECTION 3. Repealing Clause. - All orders, issuances or any part thereof which are inconsistent with the provisions of this Executive Order are hereby repealed or modified accordingly.

SECTION 4. Effectivity. - This Executive Order shall take effect immediately.

Done in the City of Manila, this 7th day of December the Year of our Lord, Twentieth Hundred.

(SGD.) JOSEPH EJERCITO ESTRADA

By the President:

(SGD.)Ronaldo B. Zamora
Executive Secretary