Creation and Leadership
- Establishment of the Presidential Management Task Force (PMTF).
- Headed by a Presidential Action Officer.
- Presidential Action Officer designated as the Deputy Director General (Operations) of the Presidential Economic Staff.
- Authority to appoint necessary assistants to constitute the Task Force.
Powers and Functions of the Task Force
- Evaluate the actual performance of each foreign-financed project.
- Identify problem areas and causes of delays or inefficiencies.
- Recommend appropriate corrective measures.
- Authorized to conduct field inspections to verify project status.
- Examine and secure financial records and pertinent documents directly from concerned entities.
- Establish a reporting system requiring implementing agencies to submit periodic accomplishment reports.
- Coordinate and facilitate inter-agency participation, including funding and logistical support.
- Maintain direct liaison with consultative organizations involved in multi-lateral financing arrangements.
- Submit regular fortnightly progress reports to the President detailing project completion, causes of delays, and recommended remedial actions including disciplinary measures if necessary.
- Follow up on presidential directives issued to implementing agencies related to foreign-financed projects.
- Perform other related duties as directed by the President.
Authority to Call on Government Agencies
- Empowered to request assistance from any department, bureau, office, or agency of the government.
- Authority extends to government-owned or controlled corporations.
Mandatory Cooperation from Government Entities
- All government entities, including departments, bureaus, offices, agencies, and instrumentalities, must cooperate and assist the Task Force.
- Cooperation aimed at the prompt and successful accomplishment of assigned duties.
Reporting Requirements and Accountability
- Task Force to submit fortnightly reports to the President.
- Reports to cover project progress, degree of completion, delays, remedial steps, and disciplinary actions.
- Accountability measures to ensure projects meet their specific targets effectively.