Question & AnswerQ&A (EXECUTIVE ORDER NO. 939)
The National Manpower and Youth Council (NMYC) is directed to implement the Sariling Sikap Program.
The NMYC is authorized to engage in various training-cum-production activities including trade testing, use of training equipment and facilities, consultancy and technical services, and repair and maintenance services.
All income derived from the NMYC's training-cum-production activities shall be deposited in a Revolving Fund maintained for that purpose.
The Revolving Fund is used to pay for operational expenses incurred from the NMYC's activities including the payment of honoraria of personnel involved.
The revolving account shall be considered perpetuating and self-liquidating.
The Fund shall be deposited in any authorized government depository bank.
The interest earned shall accrue to and form part of the Revolving Fund and be used for the same purpose for which the Fund is authorized.
Yes, other government agencies are encouraged to avail of the goods and services from NMYC and to establish linkages for productive partnership.
Joaquin T. Venus, Jr., Deputy Presidential Executive Assistant, also signed the Executive Order.