SECTION 1
SECTION 1. The Ministry of the Budget is instructed to allocate the amount of Ten Million Pesos (P10,000,000.00) in 1982 for Maisagana's information and extension requirements. This amount shall be drawn from the proceeds of the RP-Japan Food Production Program. The Ministry of Agriculture is authorized to draw from the proceeds of the HP-Japan Food Production Program such funds as may be required for Maisagana, Masagana 99 and other such national food and agriculture priority programs as may be determined by the Ministry of Agriculture.
SECTION 2
SECTION 2. The Ministry of the Budget is hereby ordered to release an initial equity contribution of One Hundred Million Pesos (P100,000,000.00) to the Philippine National Bank (PNB) for the second and third years of the Program shall be determined by the Presidential Committee on Agricultural Credit together with the Ministry of the Budget to ensure the continuous participation of the PNB in Maisagana.
SECTION 3
SECTION 3. The Presidential Committee on Agricultural Credit shall undertake a comprehensive review of the preferential credit programs and recommend measures to streamline the credit infrastructure for food and agriculture.
DONE in the City of Manila, this 16th day of December, in the Year of Our Lord, Nineteen Hundred and Eighty-One
(Sgd.) FERDINAND E. MARCOS
President of the Philippines