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Adjustment in the Overseas Allowance. – A permanent committee is hereby created, consisting of the Secretary as Chairman and, as members, the Secretary of Budget and Management and the Governor of the Central Bank, with the objectives of compiling information on foreign currency exchange rate fluctuations and price levels abroad and of recommending periodic adjustments in the amount of overseas allowance to foreign service personnel of the National Government in each foreign service post: provided, that official United Nations consumer indices shall be specifically considered in the committee's evaluation: provided, further, that the adjustments shall be made not more often than once a year: provided, furthermore, that the implementation shall be subject to the availability of funds.
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