EXECUTIVE ORDER NO. 177

: The President of the formerly government-owned Philippine National Bank (PNB) was originally an ex-officio member of the NFA Council.
: The ex-officio seat reserved for the PNB President was considered withdrawn and deemed vacant because of the privatization of PNB in August 2007.
: NFA was transferred from the Department of Agriculture to the Office of the President under Executive Order No. 165 (s. 2014).
: Section 16, Article VII of the 1987 Constitution grants the President this power.
: It grants the President the continuing authority to reorganize the administrative structure of the Office of the President.
: NEDA is primarily responsible for formulating continuing, coordinated, and fully integrated social and economic policies, plans, and programs of government agencies prior to their adoption to ensure national consistency and coordination.
: No, the NEDA Director-General serves as an ex-officio member of the NFA Council without any additional compensation.
: All such inconsistent rules, regulations, and issuances or parts thereof are repealed, amended, or modified accordingly.
: The Executive Order took effect immediately upon its signing on February 10, 2015.