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Executive Order No. 58 (1998)

Executive Order No. 58 (1998)

the current economic situation warrants a vibrantly functioning domestic trade sector to ensure sustained economic growth and correspondingly address the economic goals of productivity in business, increased employment through systematic countrywide enterprise development on the grass-root level and enhanced income-generating capabilities for our people;

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Section 1

Composition

Section 1.

Composition. The Domestic Trade Development Council shall be composed of the following:

a.

Secretary of Trade and Industry

Chairman

b.

Private Sector Representative

Co-Chairman

c.

Executive Secretary

Member

d.

Secretary of Agriculture

Member

e.

Secretary of Finance

Member

f.

Secretary of Public Works and Highways

Member

g.

Secretary of Labor and Employment

Member

h.

Secretary of Interior and Local Government

Member

i.

Secretary of Transportation and Communication

Member

j.

Secretary of Environment and Natural Resources

Member

k.

Director General of the National Economic Development Authority

Member

l.

Administrator of the National Statistics Office

Member

m.

Two (2) Representatives each from the three (3) Trading Sectors: Distribution, Wholesaling and Retailing

Members

n.

The Philippine Chamber of Commerce and Industry

Member

o.

One (1) Representative each from the three (3) allied sectors: Manufacturing, Agricultural Producers, and Development Banking

Members

The representatives from the private sector shall be appointed by the President, upon the recommendation of the Secretary of Trade and Industry and shall hold office for a period of three (3) years. When a vacancy in the private sector arises due to the resignation, death or incapacity of a member, a replacement who shall serve for the remainder of the members term of office shall likewise be appointed by the President upon the recommendation of the Secretary of Trade and Industry.

Other Cabinet Secretaries may be called upon to attend Council meetings and assist the Council resolve issues and problems that concern their respective offices.

Section 2

Powers and Functions

Section 2. Powers and Functions. The Council shall:

a. Develop, promulgate and implement programs, projects and measures to promote all aspects of domestic trade geared towards increasing productivity and the efficient distribution of domestic goods and services in the domestic market; and to help bring down the final cost of goods at the consumption level; and attain global competitiveness in this respect.

b. Periodically review and assess the countrys domestic trade performance;

c. Formulate plans and programs that will facilitate the establishment of an integrated market information system and efficient dissemination of relevant and accurate market information;

d. Identify the main bottlenecks, problem areas and constraints in all areas/sectors/activities influencing domestic trade including but not limited to such matters as physical infrastructure, policy framework, finance, specialized support services, production, promotion, marketing and human resources;

e. Provide advice and direction on specific measures required to remove bottlenecks/problems constraining the development of domestic trade in any of the areas mentioned in d as well as to recommend regulatory measures for the purpose of establishing efficiencies in domestic trade;

f. Create such sub-committees and task forces as may be necessary. 1aшphi1

Section 3

Secretariat

Section 3.

Secretariat. The Council shall be assisted by a Secretariat based in the Department of Trade and Industry, headed by an official designated by the Chairman of the Council, together with personnel from government agencies and private sectors represented in the Council who shall be assigned to the Secretariat.

Section 4

Meetings

Section 4.

Meetings. The Council shall meet once a month, and at least once every quarter with the President; provided, that whenever the President and/or the Chairman deem it necessary, either the President or the Chairman may convene the Council.

Section 5

Funding

Section 5.

Funding. Funding of activities and operational expenses of the Council shall be supported by contributions from the government and the private sector. The seed capital in an amount recommended by the Department of Trade and Industry, upon consultation with the Department of Budget and Management, and approved by the President shall be taken from the Contingent Fund of the President. Thereafter, the annual contributions of the government shall be included in the annual General Appropriations Act after consultations with the Department of Budget and Management.

Section 6

Effectivity

Section 6.

Effectivity. This order shall take effect immediately.

Done in the City of Manila, this 27th day of DECEMBER in the year of our Lord, nineteen hundred and ninety-eight.

(Sgd.) JOSEPH EJERCITO ESTRADA President of the Philippines

By the President:

(Sgd.) RAMON B. CARDENAS Acting Executive Secretary