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Manila Bulletin devider Philippines devider National devider Marcos to convene first LEDAC under his presidency on Monday

Marcos to convene first LEDAC under his presidency on Monday

Published Oct 9, 2022 08:04 pm

President Ferdinand "Bongbong" Marcos Jr. will convene the first Legislative-Executive Development Advisory Council (LEDAC) under his administration on Monday, Oct. 10, Malacañang said.

President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the President)

The 20-member council, chaired by the President, is expected to discuss the status of the executive department’s legislative agenda, which was presented by Marcos in his maiden State-of-the-Nation Address (SONA) in July.

The council will include the Vice President, seven members of the Cabinet designated by the President, three members of the Senate designated by the Senate President, three members of the House of Representatives designated by the Speaker of the House, a representative of the local government units (LGUs), a representative from the youth sector and a representative from the private sector.

Priority measures such as the National Government Rightsizing Program (NGRP); Budget Modernization Bill; Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) and the Unified System of Separation, Retirement and Pension are expected to be tackled.

Economic bills that are expected to be discussed include the E-Governance Act; National Land Use Act; Tax Package 3: Valuation Reform Bill; Passive Income and Financial Intermediary Taxation Act (PIFITA) and the Internet Transaction Act or E-Commerce Law.

In the area of national security, the LEDAC will also discuss the National Defense Act; Mandatory Reserve Officers’ Training Corps (ROTC) and National Service Training Program (NSTP); the establishment of a Medical Reserve Corps, National Disease Prevention Management Authority, Virology Institute of the Philippines, and Department of Water Resources.

Also included in the agenda are the enactment of an enabling law for the natural gas industry; amendments to the Electric Power Industry Reform Act or EPIRA (Republic Act No. 9136) and amendments to the Build-Operate-Transfer (BOT) Law.

The priority legislative measures of the Senate and House of Representatives will also be presented by Senate President Juan Miguel Zubiri and House Speaker Ferdinand Martin Romualdez.

Included in the legislature’s agenda are possible amendments to the COVID-19 Vaccination Program Act (RA No. 11525).

The LEDAC, created through R.A. 7640 on Dec. 9, 1992, serves as a consultative and advisory body to the President as the head of the national economic and planning agency for further consultations and advice on certain programs and policies essential to the realization of the goals of the national economy.

R.A. 7640 provides that the council shall meet at least once every quarter but it may be convened by the President for special meetings, as may be necessary.

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