Preamble
WHEREAS, it is a declared national policy to give first priority to measures for the adequate and timely financing of the Agrarian Reform Program; WHEREAS, government and private banking institutions are in the best position to extend adequate agrarian reform credit to agrarian reform beneficiaries; WHEREAS, there is a need of flexibility of government policy on agrarian reform credit and for a realistic approach to the credit needs of agrarian reform beneficiaries; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order to be part of the laws of the land the following: