'04 .JUN 30 P6 :02 
THIRTEENTH CONGRESS OF THE REPUBLIC 
) 
OF THE PHILIPPINES 
1 
First Regular Session 
) 
S E N A T E  
2 
. c  
S. No. 
Introduced by Senator S. R. OsmeRa 111 
EXPLANATORY NOTE 
As the country faces the challenges of the emerging global economic 
order, the evident order of the day is to ensure the competitiveness of Philippine- 
made products in the international market. Those who are expected to suit up to 
this task are the local firms - by ensuring production efficiency and maintaining a 
satisfactory industrial relation between labor and capital. 
If such requirement is to be met in the near future much may depend on 
the status of the labor sector in the economy. Beyond the need of guaranteeing 
that the burdens and returns are equitably shared by the different sectors of 
society, it is imperative that the labor sector no longer becomes the sacrificial 
lamb in the country's drive towards development as it has always been. 
One way of assuring that the interest of the labor sector are taken into 
account in the making of the socio-economic policies and programs at the macro- 
level is for it to be represented in premier policy making councils of the 
government, one of which is the National Economic Development Authority 
Board of the central economic and planning agency of the government. 
In view of this, amending the charter of the NEDA will no doubt ensure 
that the interest of labor are imputed in the policies and programs formulated. 
The proposed measure, therefore, seeks to amend Section 1 of 
Presidential decree No. 107, the law creating the present NEDA, in order to 
include labor representative(s) in its policy making body. 
In view of the foregoing, the approval of this bill is earnestly sought. 
SERGIO OSMENA 111 
Senator 


THIRTEENTH CONGRESS OF THE REPUBLIC 
) 
U4 JW 3Q P6 :02 
OF THE PHILIPPINES 
) 
f r s f  Regular Session 
) 
w 
: 
S E N A T E  
s.rN0. 432 
Introduced by Senator S. R. Osmefia 111 
AN ACT 
REQUIRING LABOR REPRESENTATIVE IN THE GOVERNING BOARD OF 
THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY (NEDA) AND 
AMENDING FOR THE PURPOSE SECTION 1 OF PRESIDENTIAL DECREE 
NO. 107 
Be it enacted by the Senate and House of Represenfafives of the Philippines in 
Congress assembled: 
1 
SECTION 1. Section of Presidential Decree No. 107 is hereby amended 
2 to read as follows: 
3 
4 
5 
1. 
President as Chairman 
6 
"Section 1. There is hereby created a National Economic and 
Development Authority to be composed of the following: 
2. 
Members who shall hold office at the pleasure of the President: 
Executive Secretary 
Director General of the Authority 
Secretary of Finance 
Secretary of Agriculture and Natural Resources 
Secretary of Trade and Tourism 
Secretary 
of 
Public 
Works, 
transportation 
and 
Communications 
Secretary of Labor 
Secretary of Education and Culture 


1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
1 1  
12 
13 
i) 
1) 
Commissioner of the Budget 
k) 
Governor of the Bangko Sentral 
Chairman of the Board of Investments 
LIKEWISE, THE PRESIDENT SHALL ALSO APPOINT THREE 
MEMBER FROM THE PRIVATE SECTOR, AT LEAST ONE OF WHOM SHALL 
COME FROM THE LABOR SECTOR. 
The authority may, in the discharge of its duties and functions, call upon 
any private person of representative of the private sector for such views or advise 
as may be pertinent to any matter under its consideration. 
SEC. 2. Effectivity. - This Act shall take effect after fifteen (15) days 
following publication in the Official gazette or in two (2) newspapers of general 
circulation in the Philippines. 
Approved,