Leadership and Composition of the Council
- The President of the Philippines serves as the presiding officer.
- Initial composition includes:
- The Vice-President
- The Speaker of the National Assembly
- Heads of Executive Departments
- Secretary to the President
- Majority Floor Leader of the National Assembly
- Other persons appointed or summoned by the President
Appointed Members and Their Roles
- Specific appointed members with authority to participate include:
- Auditor General
- Commissioner of the Budget
- Chief of Staff of the Philippine Army
- Commissioner of Civil Service
- Philippine Sugar Administrator
- National Relief Administrator
- President of the University of the Philippines
- Members of the National Economic Council
- Members of the Council of National Defense
- Chairman, National Council of Education
- Managers of key government financial and development institutions such as:
- Philippine National Bank
- National Development Company
- Manila Railroad Company
- National Rice and Corn Corporation
- National Loan and Investment Board
Presidential Discretion and Flexibility
- The President retains the power to name and summon any other Commonwealth Government official or person for specific meetings.
- This allows for flexible inclusion based on the subject of deliberation.
Repeal of Previous Order
- Executive Order Numbered One hundred thirty, dated August 30, 1928, is explicitly revoked.
Formalization and Effectivity
- Executed in Manila on March 17, 1938.
- Signed by President Manuel L. Quezon and Secretary to the President Jorge B. Vargas.