Title
Creation of Presidential Development Budget Committee
Law
Executive Order No. 232
Decision Date
May 14, 1970
Executive Order No. 232, issued by President Ferdinand Marcos in 1970, establishes the Presidential Development Budget Committee, responsible for determining government expenditure, allocating funds, and assessing revenue estimates, among other functions.
presidential development budget committee
executive order
government expenditure

Creation and composition of the Committee

  • Executive Order No. 232 creates the Presidential Development Budget Committee.
  • The Committee is organized to ensure harmony and consistency between the Annual Budget and Long-Range Development Plans.
  • The Committee is designed to involve development planning agencies and principal fiscal agencies of the Government more fully in basic budgetary decision-making.
  • The Committee is composed of the following members:
    • Commissioner of the Budget — Chairman
    • Chairman, National Economic Council — Member
    • Director-General, Presidential Economic Staff — Member
    • Secretary of Finance — Member
    • Governor, Central Bank — Member

Core functions and responsibilities

  • Executive Order No. 232 requires the Committee to establish the level of the annual government expenditure program.
  • The Committee must establish the ceiling of government spending for:
    • economic and social development
    • national defense
    • general government
    • debt service
  • The Committee must determine the proper allocation of expenditures for each development activity between:
    • current operating expenditure
    • capital outlays
  • The Committee must allocate the amount set for capital outlays for each development activity to the various capital or infrastructure projects.
  • The Committee must assess the reliability of revenue estimates.
  • The Committee must recommend appropriate tax or other revenue measures and the extent and type of borrowings.
  • The Committee must conduct periodic review and general examination of:
    • costs
    • accomplishments
    • performance standards
      applied to developmental projects.
  • The Committee must perform such other functions as may be necessary to carry out the purpose of the Order.

Technical staff and assistance mechanisms

  • The Committee is assisted by a Technical Staff composed of employees from the different agencies represented in the Committee.
  • The Fiscal Policy Staff of the Budget Commission serves as the nucleus of the Technical Staff.
  • The Committee may call upon any department, bureau, office, agency, or instrumentality of the Government for assistance needed for its functions.
  • The Committee must likewise call on an advisory group consisting of representatives from agencies with related functions, including:
    • Bureau of Internal Revenue
    • Bureau of Customs
    • University of the Philippines
    • Joint Legislative-Executive Tax Commission
    • Congressional Committee on Appropriations and Ways and Means

Effectivity

  • Executive Order No. 232 takes immediate effect upon issuance.

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