Executive Order No. 116 reorganising the Ministry of Agriculture and Food.

This Decree defines the agricultural policy of the Philippines and renames the Ministry of Agriculture and Food is hereby as Ministry of Agriculture. It shall be the policy of the State to promote the well-being of farmers by providing an environment in which they can increase their income, improve their living conditions and maximise their contributions to the national economy. It shall be the policy to accelerate agricultural and development and enhance the production of agricultural crops, fisheries and livestocks by optimising the use of resource and applying advanced farming systems/modern technology with the objective of attaining food security for domestic use and expanding diversifying agricultural production for export. It shall also be the policy to encourage private initiative in agri-business ventures both in the production and exportation/importation of food and other related commodities.