In order to integrate into one body all functions pertaining to fiscal, financial and government investment policies, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby reconstitute the Financial Policy Committee created under Executive Order No. 97, dated October 26, 1967, as amended by Executive Order No. 223 dated March 21, 1970, to include the following:

Secretary of Finance
Commissioner of the Budget
Chairman, National Economic Council
Governor, Central Bank of the Philippines
Administrator, Office of Economic Coordination
Chairman, Board of Investments
Chairman, Development Bank of the Philippines
General Manager, Government Service Insurance System
President, Philippine National Bank
Administrator, Social Security System
The Director-General, Presidential Economic Staff

The Financial Policy Committee is also hereby renamed Financial and Fiscal Policy Committee, and shall perform in addition to its functions listed in Executive Order No. 97, dated October 26, 1967, the functions of the Special Committee on Government Investments, created under Executive Order No. 33, dated July 21, 1966, which body is hereby abolished.

This amends Executive Order No. 223, dated March 21, 1970.

Done in the City of Manila, this 21st day of April, in the year of Our Lord, nineteen hundred and seventy.


By the President:
(SGD.) ALEJANDRO MELCHOR
Acting Executive Secretary