5% Reserve from 1937 General Appropriations

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EXECUTIVE ORDER NO. 92: 5% Reserve from 1937 General Appropriations

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Title Supreme Court: 5% Reserve from 1937 General Appropriations

Law: Executive Order No. 92

Decision Date: Jan 23, 1937

President Manuel L. Quezon mandates a 5% reserve from the 1937 national budget appropriations to safeguard against potential revenue shortfalls and ensure fiscal stability.

executive order

commonwealth act

fiscal policy

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