Law Summary
Background and Justification for the Designation
- ESCAP is the reorganized form of the former Economic Commission for Asia and the Far East (ECAFE).
- The reorganization highlights the necessity for a dedicated coordinating body for matters related to ESCAP.
- The coordination involves primarily policy decisions in social and economic development.
- These functions align closely with the existing mandates and roles of NEDA.
Abolition and Transfer of Functions
- The Philippine Committee on ECAFE Matters, previously created by Administrative Order No. 157 (June 5, 1951) and amended by Administrative Order No. 25 (September 27, 1962), is abolished.
- All functions, responsibilities, and records of this Committee are transferred to NEDA.
Legal Authority and Effectivity
- The Executive Order is enacted under the authority of the President of the Philippines, Ferdinand E. Marcos.
- It formalizes the administrative restructuring regarding coordination of ESCAP-related matters within the government.
- The directive is effective as of its signing date, February 10, 1976, in Manila.