MOP, Bk 10, v.5, 154
1. To negotiate for and obtain such loans as may be necessary to finance the projects;Done in the City of Manila, this 13th day of July, in the year of Our Lord, nineteen hundred and sixty-seven.
2. To have such detailed personnel as may be assigned to it by the member agencies and to determine, allocate and apportion among themselves, their proper participation in the project in terms of cost and other pertinent responsibilities;
3. To insure compliance by the participating agencies and instrumentalities of their respective responsibilities as determined by the Committee, subject to the provisions of applicable law;
4. To do everything necessary and expedient to hasten the activation of the project; and
5. To submit monthly progress report to the President.