PD 160 Section 1

Declaration of Policy.

Section 1

SECTION 1. Declaration of Policy. — It is hereby declared to be the policy of the State to enhance and encourage the diversification and development of export industries, business and trade, provide policy design as would create a wholesome sphere in their operations, mobilize all resources in manner consistent with rationalized free enterprise for the attainment and maintenance of a favorable balance of trade and, to maximize the utilization of the consequential benefits for the over-all national economic, social and political development.

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Other provisions in PD 160

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 160 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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