Question & AnswerQ&A (EXECUTIVE ORDER NO. 147)
Executive Order No. 147 institutes the Philippine Extractive Industries Transparency Initiative (PH-EITI) aimed at ensuring greater transparency and accountability in the extractive industries, specifically in the way the government collects taxes and companies pay taxes from extractive industries.
The PH-EITI Multi-stakeholder Group (MSG) is headed by the Secretary of the Department of Finance (DOF) who acts as the Chairperson responsible for convening the group.
The PH-EITI-MSG consists of 15 members: five government representatives chosen by the Mining Industry Coordinating Council (MICC), five business group representatives, and five civil society organizations (CSOs) representatives.
All members of the PH-EITI-MSG shall serve for a term of three (3) years and may be re-appointed subject to the independent processes and governance mechanisms of their respective organizations.
The mandates include ensuring sustained political commitment, setting the strategic direction for implementation, assessing and removing barriers, setting the scope of the EITI process, and integrating the initiative with other government reform agendas such as EO No. 79.
The PH-EITI-MSG ensures stakeholder commitment, defines strategic direction, crafts and oversees a country work plan, produces EITI reports, establishes reconciliation mechanisms, appoints independent auditors, supervises the PH-EITI Secretariat, conducts outreach and capability-building, and performs other related functions.
The Secretariat assists the PH-EITI-MSG with administrative and technical tasks, and its composition and office location are determined by the Secretary of Finance in consultation with the PH-EITI-MSG.
Yes, the PH-EITI has the authority to engage the services of consultants or advisers as deemed necessary to accomplish its objectives.
The initial funding is charged against the Department of Finance's budget, and subsequent appropriations shall be included in the DOF budget. PH-EITI may also receive and manage financial aid or grants from foreign and domestic entities.
If any provision is declared invalid or unconstitutional, the other provisions unaffected shall remain valid and subsisting as stated under the separability clause of the order.