Role of Member-Agencies.
Section 15
SEC. 15. Role of Member-Agencies.—A. The Central Bank of the Philippines, through the Monetary Board, shall be primarily responsible for seeking ways and means of financing the requirements of the Program in all its aspects. For this purpose, it shall, in addition to its present powers and functions, undertake the following activities: Coordinate the policies, programs and activities of all banks and financial institutions relating to the grant or extension of credit to persons, associations, cooperatives, and corporations engaged in the fishery industry; Facilitate the grant of preferential rates in the rediscounting of papers involving loans for the fishery industry; and Facilitate the grant of concessionary rate of interest on loans for the development of the fishery industry upon certification by the Director of Fisheries and Aquatic Resources. The Department of National Defense, principally through the Philippine Coast Guard shall extend all assistance, including personnel and equipment, as may be necessary in the enforcement of fishery laws, rules and regulations to help attain the aims and objectives of this Decree. The Department of Agriculture shall: Undertake soil sampling and provide or help provide fertilizers for fish farming purposes; and Perform such other functions as may be imposed upon it by law or requested by the Council in the acceleration of fish farming and/or in the furtherance of the objectives of this Decree. The Department of Trade shall: Plan and prepare such measures as may be necessary to promote exports of fish and fishery/aquatic products; and Perform such other functions as may be imposed upon it by law or requested by the Council in furtherance of the objectives of this Decree. The Department of Public Works, Transportation and Communications shall: Upon request of the Council, undertake site survey and investigation, draw plans for, and construct, infrastructure facilities for the fishery industry; and Perform such other functions as may be imposed upon it by law or requested by the Council in furtherance of the objectives of this Decree. The private sector of the fishery industry shall direct their collective efforts towards a more active cooperation and coordination with government agencies to attain the objectives of this Decree. It shall: Assume the primary responsibility of accelerating the development of the industry; Conduct research and experiments in cooperation with government agencies; Allow implementing agencies of the government access to such statistical data and information as would be necessary in the formulation of sound policies; and Take active participation, in collaboration with the Bureau and other government agencies, in technical manpower training by giving on-the-job training opportunities to fisheries apprentices, trainees and volunteers.