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The law, passed on May 28, 2018, officially created the Anti-Red Tape Authority as a new attachment of the Office of the President. [6] Ernesto V. Perez was the first appointed official of the agency, being appointed a deputy director general on October 31, 2018, and later officer-in-charge for the authority's Office of the Director General on ...
The commission promotes investor protection in the Philippines as part of its mandate. An agency under the Department of Finance, the SEC is headquartered at 7907 Makati Avenue, Barangay Bel-Air, Makati. It has ten extension offices located in Baguio, Tarlac, Legazpi, Iloilo, Bacolod, Cebu, Tacloban, Cagayan de Oro, Davao, and Zamboanga.
Trade and Industry: Mario Vittorio Mariño Nacionalista: TBA TBA 54 6 60 59. Transportations: Romeo Acop: NUP: TBA TBA 51 9 60 60. Veterans Affairs and Welfare: Jorge Bustos: PATROL TBA TBA 4 3 7 61. Visayas Development: Lolita Javier: Nacionalista: TBA TBA 1 0 1 62. Ways and Means: Joey Salceda: Lakas: TBA TBA 55 8 63 63. Welfare of Children ...
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...
In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there were improvements in the last few years of the first decade of the 21st century. [2] The Philippine government's main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and ...
The Finance Committee is further split into subcommittees, [3] 11 in total as of the 18th Congress, each headed by the committee chairperson or a committee vice chairperson. Here are the members of the committee in the 18th Congress as of September 24, 2020: [4] The subcommittee headed by the chairperson or a vice chairperson is also indicated:
The New Government Procurement Act of 2024, officially designated as Republic Act No. 12009, is a Philippine law which prescribes the necessary rules to address the lack of transparency and competition in government procurement, eliminate collusion and interference, and lessen the delay in the procurement process by creating the Government Procurement Policy Board (GPPB) and PhilGEPs.
To strictly enforce the payment of taxes and to further discourage tax evasion, RA No. 233 or the Rewards Law was passed on June 19, 1959 whereby informers were rewarded the 25% equivalent of the revenue collected from the tax evader. In 1964, the Philippines was re-divided anew into 15 regions and 72 inspection districts.