Preamble
WHEREAS, it is the objective of the State to achieve a self-reliant defense posture; WHEREAS, the achievement of this goal requires the immediate prosecution of national defense projects for the acquisition of military material; WHEREAS, the implementation of projects under the Self-Reliant Defense Program will generate labor, spur industrial and commercial activities, and conserve foreign exchange resources; WHEREAS, the majority of these projects will require financing from foreign sources; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, by virtue of the powers vested in me by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, as amended, do hereby order and decree as follows: