The ICC consists of the Secretary of Finance, as chairman; the NEDA
Secretary, as co-chair; and the Executive Secretary, the Secretaries of
Agriculture, Trade and Industry, Budget and Management and the Governor of
the Central Bank of the Philippines, as members. The ICC has the following
functions:
a. Evaluates the fiscal, monetary and balance of payments implications
of major national projects, and recommends to the President the
timetable of their implementation on a regular basis;
b. Advises the President on matters related to the domestic and foreign
borrowings program; and
c. Submits a status of the fiscal, monetary and balance of payments
implications of major national projects.
