WHEREAS, the National Economic Council, under its Resolution No. 70(64), dated August 27, 1964, certified to a shortage in the local supply of rice of the quantity therein determined which is of such gravity as to constitute a national emergency;

NOW, THEREFORE, I, Diosdado Macapagal, President of the Philippines, by virtue of the powers vested in me by law, do hereby authorize the importation of rice in the quantity as determined by the National Economic Council to cover the shortage in the local supply and hereby designate the Rice and Corn Administration (RCA) as the agency of the Government to undertake said importation, pursuant to the provisions of Republic Act No. 2207.

The RCA is hereby empowered to conduct the necessary public bidding in accordance with the aforecited law, to execute contracts for the importation of rice on straight sales basis, to apply for and open the necessary letters of credit for the Government in coordination with other government offices and agencies, and to do such other acts and things as may be necessary in connection with said importation of rice.

Done in the City of Manila, this 5th day of January, in the year of Our Lord, nineteen hundred and sixty-five.

(Sgd.) DIOSDADO MACAPAGAL
President of the Philippines

By the President:
(Sgd.) SALVADOR L. MARI O
Secretary of Justice
concurrently
Acting Executive Secretary