9:30 PM
Worked the whole day on the allocations for infrastructure. I attach the initial release of P35 million although I estimate the need for a total of P100 million.
We need P100 million annually for irrigation, P60 million annually for the construction of school houses, a special fund for airports.
The second could come from a real estate transfer tax.
Official Gazette for March 10, 1972: PRESIDENT MARCOS took time out from his busy schedule to receive several callers which included the following:
1) John Woodley, deputy director of the International Monetary Fund’s Asian department; Kemal Siber, IMF representative in the Philippines; Secretary of Finance Cesar E. A. Virata and Central Bank Gov. Gregorio S. Licaros. The IMF official called on the President to pay his respects as the annual consultations between the IMF and the Central Bank on the shape of the country’s monetary and fiscal policies drew to a close yesterday.
During the call, the President requested Deputy Director Woodley to convey his gratitude to the IMF officials for the substantial assistance they have extended to the Philippine government.
2) Secretary of Agriculture and Natural Resources Arturo R. Tanco, Jr. who accompanied to Malacañang several provincial governors with whom the President conferred on the infrastructure and other projects being undertaken in their respective areas, and to find out whether such projects are being properly supported by the national government.
In the course of the conference, the President expressed the hope that the initial meeting would usher in “a continuing dialogue between national and provincial officials” so that the faulty implementation which has resulted in inefficiency and waste of funds and time could be avoided.
The President also told the chief executives of the country’s top rice producing provinces that production must now be given all the boost that it needs all over the country.
Present at the conference aside from Secretary Tanco, were Secretary of Public Works and Communications David M. Consunji, Budget Commissioner Faustino Sy-Changco, Commissioner of Public Highways Baltazar Aquino, Agricultural Productivity Commissioner Francisco Saguiguit; Governors Conrado Norada of Iloilo, Aguedo Agbayani of Pangasinan, Eduardo Joson of Nueva Ecija, Brigido Valencia of Pampanga, Vicente Magsaysay of Zambales, Teresa Dupaya of Cagayan, Felicisimo San Luis of Laguna, Carlos Ca.jelo of Cotabato, Ignacio Santiago of Bulacan, Alfonso Umali of Oriental Mindoro and Felix Alfelor of Camarines Sur.
Following the conference, the President administered the oath of affiliation with the Nacionalista Party to Rep. Rogelio Tiglao of Pampanga.
The President’s afternoon time was devoted mostly to desk work.