Preamble
WHEREAS, there is a need to further strengthen national development planning by securing the involvement of other departments of the government in the planning process; WHEREAS, it is exigent to harness the diplomatic arm of the government to enhance the attainment of national development objectives; WHEREAS, the maintenance of peace and order is principally enforced by the Department of National Defense, and is directly contributory to a successful implementation of economic and development plans, programs and projects; WHEREAS, in the formulation of national development plans, it is imperative also to secure the participation of the Department of Industry which is the primary policy, planning and implementing entity of the executive branch of the government in the development and expansion of industry; WHEREAS, to carry out the above objectives, it is necessary to reconstitute the membership of the National Economic and Development Authority (NEDA) by including therein the Secretary of National Defense and the Secretary of Foreign Affairs, and substituting the Secretary of Industry in lieu of the Chairman of the Board of Investments; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree the following as part of the law of the land: