QuestionsQuestions (EXECUTIVE ORDER NO. 232)
It is an Executive Order issued by then President Ferdinand E. Marcos, creating the Presidential Development Budget Committee pursuant to powers vested in the President by law. It is a formal presidential issuance establishing an inter-agency government committee and defining its composition and functions.
It states the need for harmony and consistency between (1) the Annual Budget and (2) Long-Range Development Plans, by involving development planning agencies and principal fiscal agencies more fully in basic budgetary decision-making.
Commissioner of the Budget (Chairman); Chairman, National Economic Council; Director-General, Presidential Economic Staff; Secretary of Finance; Governor, Central Bank.
The Commissioner of the Budget serves as Chairman.
It is to establish the level of the annual government expenditure program.
To establish the ceiling of government spending for specified categories: economic and social development, national defense, general government, and debt service.
The Committee must determine the proper allocation of expenditures for each development activity between current operating expenditures and capital outlays.
To allocate the amount set for capital outlays under each development activity for the various capital or infrastructure projects.
To assess the reliability of revenue estimates.
To recommend appropriate tax or other revenue measures and the extent and type of borrowings.
To conduct periodic review and general examination of costs, accomplishments, and performance standards applied in undertaking developmental projects.
It is a catch-all clause allowing the Committee to undertake other necessary functions aligned with the purpose of ensuring coordination between annual budgeting and long-range development planning.
It shall be assisted by a Technical Staff composed of employees from different agencies represented in the Committee, with the Fiscal Policy Staff of the Budget Commission serving as the nucleus.
Yes. It may call upon any department, bureau, office, agency, or instrumentality of the government for assistance. The EO also expressly mentions an advisory group and lists specific agencies for representation.
The Committee may call on an advisory group consisting of representatives from the Bureau of Internal Revenue, Bureau of Customs, University of the Philippines, Joint Legislative-Executive Tax Commission, and the Congressional Committee on Appropriations and Ways and Means—presumably to provide specialized guidance related to the tasks at hand.
It shall take effect immediately upon issuance.