Declaration of Policy.
Section 2
SEC. 2. Declaration of Policy. – It is the policy of the State to encourage, promote and develop the export of manufactured goods, products, and other goods and services by extending credits guarantees, and insurance covers at interest rates and charges and on an internationally competitive basis, in order to attain a rising level of production and employment, increase foreign exchange earnings and improve the country’s balance of payments, accelerate the economic growth and development of the nation, and secure to the Filipino people the benefits of such growth and development.