Administrative Supervision and Composition of the Governing Board
- The program is supervised and controlled by the Secretary of Agriculture and Natural Resources.
- A Board administers the program, composed of:
- Director of the Bureau of Agricultural Extension
- Director of the Bureau of Plant Industry
- Manager of the Fiber Inspection Service
- Three representatives from the three abaca-producing regions
- One representative from the Philippine Abaca Federation, Inc.
- The Board elects its chairman.
Scope and Phases of the Abaca Development Program
- The program aims to increase abaca fiber production to at least pre-war levels and reduce production costs to compete globally.
- It encompasses the following phases:
- Abaca seed production and distribution for plantation rehabilitation.
- Improvement of fiber extraction methods.
- Development and promotion of cottage industries using abaca.
- Abaca research.
- Promotion of abaca foreign trade.
- General administration.
Appropriation and Funding
- Twenty million pesos appropriated from the National Treasury for five years (1961-1966).
- Disbursement schedule of four million pesos per fiscal year.
Allocation of Annual Budget
- Subject to adjustment by the Secretary of Agriculture and Natural Resources upon Board Chairman's recommendation or annual General Appropriation Act provisions.
- Specific yearly budget allocation:
- Planting materials: ₱900,000
- Fiber extraction improvement: ₱800,000
- Cottage industry development and promotion: ₱800,000
- Abaca research: ₱800,000
- Foreign trade promotion: ₱200,000
- General administration: ₱500,000
- Total: ₱4,000,000
Planning, Budget Submission, and Fiscal Year Provisions
- The Board Chairman prepares annual budget and production plan.
- Submission is made through the Secretary of Agriculture and Natural Resources to the President for approval.
- Unused funds at the end of each fiscal year are carried over to subsequent years.
Integration and Continuity of the Program
- The program is automatically integrated into the annual General Appropriation Act under the Bureau of Plant Industry.
- This integration lasts for five years and continues thereafter to ensure program continuity.
Reporting Requirements
- The Board Chairman must prepare an annual report on the program's operation.
- The report is submitted through the Secretary of Agriculture and Natural Resources to:
- The President of the Philippines
- The President of the Senate
- The Speaker of the House of Representatives
Effectivity
- The Act takes effect upon approval.