Lunch with the World Bank man Dr. ______ of Pakistan.
He feels that while the 4 year development program is good, it should have regional parts with regional objectives and targets.
Spent the whole day on my books. But I have to devote more time to research and compilation of my notes.
Official Gazette for October 17, 1971: President Marcos conferred with Secretary of Agriculture and Natural Resources Arturo R. Tanco and Undersecretary Jose Drilon, Jr., concurrent chairman of the Rice and Corn Administration, on the status of palay crops throughtout the country. Secretaries Tanco and Drilon reported to the President that palay harvests in Panay Island, the Bicol region and South Cotabato were good. The President gave Secretaries Tanco and Drilon the go-signal for the start of the government palay buying program at the support price of ₱22 per cavan.
The palay buying program would help rice growers, especially the small farmers, who were often compelled to dispose of their produce to unscrupulous middlemen at reduced prices. The elimination of middlemen would also serve to stabilize the pi-ice of the cereal and keep it within the reach of low-income groups. The President directed Tanco and Drilon to avail of the ₱180 million proceeds from the sale of imported rice for the palay buying program
The President concentrated again on desk work in the afternoon.