Cabinet Coordinator for the Project.
Section 2
SEC. 2. Cabinet Coordinator for the Project.- The Cabinet Committee shall designate a member of the Cabinet to act as Cabinet Coordinator for the Project. He shall act for the Cabinet Committee in all administrative matters in accordance with the broad policies and guidelines established by the Cabinet Committee. As Cabinet Coordinator, he shall have the following powers and functions: a. Oversee the coordination of the planning and implementation of the project; b. Review the Project's consolidated plans, budget and work programs and recommended approval by the Cabinet Committee; c. Recommended to the Budget Commission through the Chairman of the Cabinet Committee approval of the requests of implementing departments and agencies for budget releases for projects in accordance with the consolidated plans, budget and work program approved by the Cabinet Committee; d. Arrange and negotiate with local and foreign financing institutions, subject to the approval by the Cabinet Committee, for the funding of rural development projects in Cagayan province in addition to the loan granted by the Government of Japan through the Overseas Economic Cooperation Fund; e. Call upon any department, bureau, office, instrumentality or any political subdivision of the government for such assistance that may be needed in achieving the objectives of the Projerct; f. Bring to the attention of the Cabinet Committee matters requiring urgent consideration; and g. Exercise such other related powers as may be delegated by the Cabinet Committee.