Proclamation No. 167, s. 1993

/' MALACANANG-- MANILA tit r~ f.( 1 PROCLAMATION NO. 167 DECLARING EXPORT DEVELOPMENT AS THE KEY TO PHILIPPINE BALANCED AGRI -INDUSTRIAL ECONOMIC GROWrH TO 'rHE 'EAR 2000 WHEREAS, as the nation aspires to attain the status of a Newly Industrializing Country (NIC) by the year 2000, it is imperative to provide a policy climate that will fostereconomic growth based on global competitiveness and peopleempowerment; WlIEREAS, the economy should grow rapidly to employment and boost the J.ncome levels of thepeople; generate Filipino WHEREAS, a multi-sectoral (onsensus has emerged that transforming the Philippines into a major exporting nation will be the key to sustainable and balanced agri-industrial economic growth; WHEREAS, structural reforms to prime the economy are being put in place by the <Jovernment as embodied in the Philippines 2000 program, but these reforms must be accelerated and.. directed towards increasing the international competitiveness of Philippine products and services in the world market in order to accelerate exportgrowth; WHEREAS, all agencies of the Executive Branch should align their activities to support a total export drive for agricultural and industrial productivity, streamline procedures that impede the expor1: process, and initiate new programs to enhance the nation's export performance; WHEREAS, the Exelcuti ve Branch is working with the Legislative Branch on the passagE of laws that will promote export development; WHEREAS, the private sector should take the lead in the collective effort to promote export development by II exercising the virtues of di.scip.1ine and hard work as it confronts the challenge of winning in international markets; and .;.- WHEREAS, only when the Filipino people move as one nation towards a common vision and subordinate their respective personal and' se<toral concerns in favor of national interests can the dream of attaining NIC status be realized by the end of the century. NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the Philippines, by ,rirtue of the powers vested in me by law, do hereby declare EXPORT DEVELOPMENT as the \key to Philippine Balanced Agri-Industrial Economic Growth \to the year 2000. IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to beaffixed. DONE in the City of Manila, this 20th day of April, the year of Our Lord, Nineteen Hundred and ~ Three. in rs LIBRARY By the President: Received 2 2 1993_~ nar.~ ~2..,~~'t.b' T2-r - ANTONIO T. CARPIO Chief Presidential Legal Counsel 1111111111111111111111111111111111111 PMS LIBRARY BCODEOO7179 .".