Art. 1. The Economic Stabilization Board shall, under the jurisdiction of the Prime Minister, be responsible for formation of fundamental policies and plans with reference to urgent measures for economic stabilization to be taken relating to production, distribution and consumption of commodities, and to foreign trade, labor, price, finance, transportation and construction and other economic matters. The Economic Stabilization Board is further charged with the coordination, adjustment, Propultion of the functions of various Government offices concerned and with the supervision of implement of measures and enforcement of relevant economic control.