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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 1116, February 26, 1973 ]

DECLARING MARCH 4-11, 1973, AS NATIONAL CREDIT DISCIPLINE WEEK.

WHEREAS, in order to instill credit discipline in our people, particularly among delinquent borrowers who have accumulated tremendous arrears with government financing institutions; and

WHEREAS, in line with the administration’s call for national discipline there is need to educate our people in the wise use of credit;

NOW, THEREFORE, I, ALEJANDRO MELCHOR, Executive Secretary, by order of His Excellency, FERDINAND E. MARCOS, President of the Philippines, do hereby declare the period from March 4–11, 1973, as National Credit Discipline Week under the auspices of the Credit Management Association of the Philippines.1aшphi1

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this 26th day of February in the year of Our Lord, nineteen hundred and seventy-three.

(Sgd.) ALEJANDRO MELCHOR
Executive Secretary

By the Executive Secretary:

(Sgd.) RONALDO B. ZAMORA
Assistant Executive Secretary

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