Preamble
WHEREAS, the Revolution of the Poor can more fully succeed with the identification and implementation of meaningful government programs and projects; WHEREAS, full funding support must be given to priority activities identified as furthering national programs; WHEREAS, the goal of self-reliance has been adopted for the year nineteen hundred and seventy-seven, as a major criterion in funding allocation, calling for a realignment of expenditures in favor of infrastructure and other capital outlays, and of programs of long term implication; WHEREAS, the determination of national government expenditure levels calls for the consideration of national development targets, estimated revenues, the supportable level of domestic credit expansion, and other pertinent factors; WHEREAS, the Batasang Bayan, in its First Session, held in September, nineteen hundred and seventy-six, passed a resolution recommending, among others, budgetary priorities, budgetary levels, and a functional allocation of expenditures; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree: