Creation of the Dept. of Economic Coordination

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EXECUTIVE ORDER NO. 319: Creation of the Dept. of Economic Coordination

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Title Source: Supreme Court: Creation of the Dept. of Economic Coordination

Law: Executive Order No. 319

Decision Date: May 25, 1950

Elpidio Quirino establishes the Department of Economic Coordination to oversee various government-owned corporations and agencies, ensuring efficient operations and economic management under the Secretary of Economic Coordination's guidance.

Administrative Control and Operational Authority

DEC to be headed by the Secretary of Economic Coordination
Secretary exercises functions under the general supervision and control of the President of the Philippines
The supervised entities shall continue operations under their own charters unless otherwise directed by the President pursuant to Republic Act No. 422
Secretary directed to coordinate and ensure efficiency and economy in operations, advancing the objectives of the entities

Governance and Oversight Functions

Secretary to recommend changes to boards of directors or managing heads of government-owned or controlled corporations and instrumentalities to the President
Upon Presidential approval, Secretary authorized to vote government-owned stocks in such corporations

Financial Provisions and Budgeting

Operating expenses of the DEC to be funded through contributions from the corporations and agencies under its jurisdiction
The specific proportions of contributions to be determined by the Secretary with the President’s approval
Appropriations for DEC’s expenses must be included in the National Government’s general appropriation acts

Personnel and Employment Conditions

All officers and employees of DEC and its supervised corporations and agencies to conform to Civil Service rules and regulations
Ensures government standardization and compliance in hiring and employment practices

Repeal, Modification, and Abolition of Prior Orders

Repeal or modification of laws, executive orders, administrative orders, or proclamations inconsistent with the provisions of this order
Abolition of the Government Enterprises Council (created by Executive Order No. 93, 1947) and the Office of the Economic Administrator (created by Executive Order No. 300, 1950)
References to these abolished bodies to be construed as references to the Department of Economic Coordination and its Secretary

Effectivity

The Executive Order takes effect immediately upon its promulgation
Date of effectivity: May 25, 1950, as signed in Baguio City by the President and Executive Secretary

END