Digest.ph

MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

ADMINISTRATIVE ORDER NO. 43

INSTITUTIONALIZING THE INTER-AGENCY REVIEW PANEL OF THE INTERNATIONAL COMMITMENTS FUND (ICF)

WHEREAS, Philippine contributions to international organizations and commitments to hosting of international conferences are sourced from the International Commitments Fund (ICF) as administered by the Department of Foreign Affairs (DFA) and the Department of Budget and Management (DBM);

WHEREAS, the ICF is part of the annual General Appropriations Act (GAA) passed by Congress and approved by the President;

WHEREAS, DFA and DBM Joint Circular 1-90 (s. 1990) and Memorandum Circular No. 194 (s. 2010) provide for the guidelines in accessing the ICF;

WHEREAS, to optimize the utilization of scarce government funds, maximize benefits vis-a-vis costs, and ensure proper administration of the ICF, an Ad-Hoc Inter-Agency ICF Review Panel composed of the Department of Foreign Affairs (DFA) as Chairman, Department of Budget and Management (DBM) as Co-Chairman, and Department of Finance (DOF), National Economic and Development Authority (NEDA), and the Office of the President (OP) as Members, was constituted by the...

Login to see full content