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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 1748, June 20, 1978 ]

DECLARING THE PERIOD JUNE 25 – JULY 1, 1978 AS SAVINGS CONSCIOUSNESS WEEK

WHEREAS, under Executive Order No. 415 dated June 29, 1973, a National Commission on Savings was created for the purpose of hastening capital formation through non-inflationary means, particularly through savings with banks and other financial intermediaries, with the objective of accelerating the country’s economic progress and development; and

WHEREAS, the desired objective of the National Commission on Savings can be achieved only if all sectors of society fully realize, and have a continuing awareness of, the vital role of savings in the development process;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President and Prime Minister of the Philippines, by virtue of the power vested in me by law, do hereby declare the period June 25 — July 1, 1978 as Savings Consciousness Week and hereby direct the Commission created under Executive Order No. 415 dated June 29, 1973 to undertake such measures as may be necessary to ensure the successful observance thereof and I enjoin all sectors of our society and all levels of the government-national, provincial, city and barangay — to extend their cooperation to this national effort.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 20th day of June, in the year of Our Lord, nineteen hundred and seventy-eight.

(Sgd.) FERDINAND E. MARCOS
President and Prime Minister of the Philippines

By the President and Prime Minister:

(Sgd.) JUAN C. TUVERA
Presidential Assistant

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