Presidential Decree No. 1201. - Philippine Institute for Development ...

SECTION 2Purposes and ObjectivesThe Institute shall have the following purposes and objectives:(a)(b)(c)(d)(e)To develop a comprehensive and integrated research program thatwill provide the research materials and studies required for theformulation of national development plans and policies. Such programshall be evolved through constant interaction between the Instituteand the appropriate government agency or agencies;To serve as the common link between the government and existingresearch institutions, and for this purpose, to provide a forum whereinvarious research studies are discussed and evaluated;To conduct and undertake research requested by government or itsagencies and to arrange for research to be conducted by other researchinstitutions and individuals, locally and abroad;To conduct joint studies with domestic research institutions in theacademic, government and business sector ; andTo establish a repository for economic research information and otherrelated activities.SECTION 3PowersThe Institute shall have the following powers:(a)(b)(c)To adopt, alter and use a corporate seal;To collect, receive and maintain a fund or funds from government appropriations and from donations, grants, gifts, bequests, loans fromdomestic and foreign sources, and to apply the income and principalthereof to the promotion of its aims and purposes;To own, manage and hold such real and personal property as shall benecessary for the Institute’s purposes;