Title
Implementing Sariling Sikap Program by NMYC
Law
Executive Order No. 939
Decision Date
Mar 2, 1984
Ferdinand E. Marcos directs the National Manpower and Youth Council to implement the Sariling Sikap Program, utilizing its resources for training and production activities to enhance the nation's socio-economic conditions while establishing a self-sustaining Revolving Fund for operational expenses.

Utilization of Income and Establishment of Revolving Fund

  • All income generated from NMYC’s activities shall be deposited into a Revolving Fund.
  • The Revolving Fund is used to cover operational expenses related to these activities, including payment of honoraria to involved personnel.

Nature and Management of the Revolving Fund

  • The revolving account is self-liquidating and perpetuating, ensuring sustainability.
  • The Fund must be deposited in an authorized government depository bank.
  • Interest earned from the Fund accrues to the Fund and is used exclusively for its intended purpose.

Encouragement of Interagency Cooperation

  • Other government agencies are encouraged to utilize the goods and services produced by the NMYC.
  • There is an invitation for these agencies to establish productive partnerships and linkages with the NMYC to maximize the use of the program’s outputs.

Overall Objective and Rationale

  • The Sariling Sikap Program aims to uplift the socio-economic conditions of the nation.
  • The program leverages the technical expertise and training facilities of the NMYC.
  • Practical application of acquired skills through production activities ensures optimum resource utilization and self-reliance of the Council.

Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.