Need to Enhance Research Capability
- Immediate requirement to augment research capabilities of both private and public institutions
- Emphasis on research and development efforts in priority sectors
Impact of Previous Phases of the Balik-Scientist Program
- Phase II returnees have significantly strengthened scientific and technological manpower
- Contributions to institutions and agencies involved in production of goods and services
Availability of Skilled Overseas Filipino Professionals
- Recognition of many highly trained overseas Filipino professionals with relevant expertise
- Emphasis on government priority areas such as Agriculture, Energy, and Nutrition Development
- Need for adequate incentives to encourage their return
Extension and Duration of the Program
- Official extension of the Balik-Scientist Program until October 24, 1986
- Continuation of benefits as provided under Presidential Decree No. 819
- Adherence to rules and regulations implementing P.D. 619
Additional Incentives to Attract Returnees
- Annual attendance to International Scientific Conferences, Seminars, or Meetings related to field of expertise funded by the program
- Priority access to housing loans from GSIS, SSS, and the Development Bank of the Philippines
- Ensuring returnees' continued stay and residence in the Philippines
Authority and Effectivity
- Issued under the authority of President Ferdinand E. Marcos
- Executed in the City of Manila on July 16, 1980
- Direct instruction to the Ministry of Tourism and National Science Development Board for implementation