WHEREAS, government recognizes the rights of the private sector to be consulted and to participate in decision-making on matters concerning and affecting their sectors;

WHEREAS, it was agreed during the Legislative-Executive Economic Summit, held on 20 August 1993 at the Manila Hotel, and the Pre-Multisectoral Summit, held on 2 September 1993 in Malaca ang, that consultative mechanisms between government and the private sector should be institutionalized;

WHEREAS, consultative mechanisms have been established on the implementation of the Social Pact: Multi-Sectoral Consultative Task Force, per Administrative Order No. 79, dated 8 September 1993, œto oversee the conduct of a consultative forum on matters discussed and agreed upon during the People ™s Economic Summit ; and agreement by the Executive and Legislative Branches to have the Joint Executive-Legislative Preparatory Committee, created Per Administrative Order No. 70, dated 29 July 1993, to supervise and monitor the implementation of the Social Pact;

WHEREAS, the Social Pact for Empowered Economic Development approved by the government and private sector during the Multi-Sectoral People ™s Economic Summit held on 8 September 1993 at the Philippine International Convention Center, provides for the creation of an Oversight Committee composed of the members of the Legislative-Executive Development Advisory Council (LEDAC) and key private sector representatives;

WHEREAS, there is a need to establish the implementing mechanism for the Social Pact by defining the roles, responsibilities and relationships of the Oversight Committee, Preparatory Committee and the Multi-Sectoral Consultative Task Force.

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order and direct:

Section 1. Institutional Mechanisms. The following shall constitute the organizational mechanism for the implementation of the commitments in the Social Pact.

a.	Oversight Committee. The Oversight Committee provided in the Social Pact shall undertake the overall supervision, coordination and integration and act as the policy-formulating body for the Social Pact.
	?	Functions. The Committee shall have the following functions, pursuant to the provisions in the Social Pact:
		-	Finalize the commitments in the Social Pact by resolving possible policy inconsistencies and prioritizing the implementation of the commitments;
		-	Draw up supplementary agreements and implementing guidelines for the effective and efficient implementation of the commitments;
		-	Monitor the pace of implementation and compliance to the commitments by the Executive, Legislative and private sector;
		-	Undertake resolution of policy issues relative to the Social Pact;
		-	Regularly review the commitments in the Social Pact and accomplishments therein;
		-	Prepare and disseminate regular consolidated reports of accomplishments;
		-	Serve as a mechanism for regular and sustained consultation and as an advisory body to the Executive, Legislative and private sector in policy formulation; and,
		-	Perform other functions necessary for the effective and efficient implementation of the Social Pact.
	?	Composition. The Oversight Committee shall be chaired by the President (as Chairman of LEDAC) and shall have the following composition, as provided in the Social Pact:
		-	Twenty (20) members of the LEDAC
		-	Eight (8) key private sector representatives, to be appointed by the President (one representative each from the following: business, labor, farmers/fisherfolks, women, elderly/veterans, urban poor, cultural communities and disabled)
	?	Staff Support. The LEDAC Secretariat shall provide the necessary staff support to the Committee.
b.	Multi-Sectoral Consultative Task Force. The Task Force, created per Administrative Order No. 79, dated 8 September 1993, shall oversee the implementation of the Executive ™s commitments in the Social Pact.
	?	Functions. The Multi-Sectoral Consultative Task Force shall have the following functions, pursuant to A.O. No. 79:
		-	Monitor and evaluate the implementation of the Executive ™s commitments;
		-	Identify and facilitate the resolution of program/project issues and bottlenecks;
		-	Act as coordinator and integrator of Executive actions and serve as the consultative mechanism between the Executive and the private sector relative to the Social Pact;
		-	Ensure compliance by all departments/agencies with the directives by the Oversight Committee or the President on the conduct of consultations with respective constituencies and implementation of programs/projects relative to the Social Pact;
		-	Undertake regular review of the Executive ™s commitments and submit regular accomplishment reports to the President and the Oversight Committee; and,
		-	Perform other implementing functions that may be deemed necessary by the President and the Oversight Committee relative to Executive matters in the Social Pact.
	?	Composition. The Task Force shall consist of the same membership as provided in A.O. No. 79.
	?	Staff Support. The Presidential Management Staff shall provide the necessary staff support to the Task Force.
c.	Joint Executive-Legislative Preparatory Committee. The functions of the Joint Executive-Legislative Preparatory Committee, created per Administrative Order No. 70, dated 28 July 1993, is hereby refocussed to oversee the implementation of the Legislative ™s commitments in the Social Pact. In this regard, the Preparatory Committee is hereby renamed as the Joint Congressional-Executive Task Force on Legislative Matters for the Social Pact.
	?	Functions. The Joint Congressional-Executive Task Force on Legislative Matters shall have the following functions:
		-	Oversee, monitor and evaluate the implementation of the Legislative ™s commitments;
		-	Identify and facilitate the resolution of implementing issues and bottlenecks;
		-	Act as the coordinator/integrator and serve as the consultative mechanism for the Executive, Legislative and private sector on legislative matters in the Social Pact;
		-	Undertake regular review of the implementation of legislative commitments and submit regular accomplishment reports to the Oversight Committee; and,
		-	Perform other implementing functions that may be deemed necessary by the Oversight Committee and the President relative to legislative matters in the Social Pact.
	?	Composition. The Task Force shall consist of the same membership as the Joint Executive-Legislative Preparatory Committee, as provided in A.O. No. 70.
	?	Staff Support. The LEDAC Secretariat shall provide the necessary staff support to the Task Force, as provided in A.O. No. 70.
d.	Implementing Agencies. The actual implementation of the commitments of the Executive Branch in the Social Pact shall be undertaken by the Departments or agencies that have sectoral or functional responsibility/jurisdiction over the commitments, whether individually or jointly.

Section 2. Meetings. The Oversight Committee shall meet at least once every quarter and the Multi-Sectoral Consultative Task Force and the Joint Congressional-Executive Task Force on Legislative Matters shall meet at least once a month, or as often as they may deem necessary.

Section 3. Initial Report of the Oversight Committee. The first review of the commitments in the Social Pact and accomplishments therein shall be prepared and reported by the Oversight Committee by January 1994, as provided in the Social Pact.

Section 4. Funding. Expenditures arising out of the meetings and activities of the Oversight Committee, Multi-Sectoral Consultative Task Force and the Joint Congressional-Executive Task Force on Legislative Matters shall be sourced from the interest earnings of the President ™s Social Fund for 1993 and, thereafter, included in the General Appropriations Act.

Section 5. All orders, issuances, rules and regulations or parts thereof inconsistent with this Order are hereby repealed and modified accordingly.

Section 6. Effectivity. This Administrative Order shall take effect immediately.

DONE, in the City of Manila this 14^th of September, in the Year of Our Lord, Nineteen Hundred and Ninety Three.

(Sgd.) FIDEL V. RAMOS
President of the Philippines

By the President:
(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary