Reorganization of Ministry of Fice

Formulate, institutionalize, and administer fiscal policies.
Supervise revenue operations of local government units to reduce dependence on national funding.
Review, approve, and manage public sector debt (domestic and foreign), ensuring proper utilization and timely servicing.

Formulate multi-term government resource mobilization plans.
Supervise and control revenue collection.
Act as custodian and manager of government financial resources.
Oversee negotiation, servicing, and restructuring of government debt.
Align government financial institution policies with national fiscal strategies.
Implement policies on local revenue administration.
Coordinate fiscal, monetary, credit, economic development, international finance, trade, and investment policies.
Exercise additional powers as provided by law.

The Minister of Finance holds ultimate responsibility and authority, appointed by the President.
Deputy Ministers (5) assist the Minister, each heading key groups.
Assistant Ministers (5) appointed by the President, with assignments determined by the Minister.

Policy Development and Management Services Group, including planning, legal, financial, administrative, information, and regional coordination.
Operations Groups comprising Revenue Operations, Domestic Operations, and International Finance Groups with respective subdivisions for tax and customs bureaus, treasury, local finance, and international finance offices.

Planning and Policy Research Office: Revenue projections, fiscal policy research, inter-agency coordination.
Central Management Information Office: Develop management systems for program evaluation.
Central Administration Office: Oversee personnel, procurement, cash management, training, and resource policies.
Central Financial Management Office: Supervise budgeting, accounting, and internal audit.
Public Information and Assistance Office: Disseminate Ministry programs information, handle public assistance and complaints.
Legal Office: Provide legal opinions, conduct research, handle Ministry-related legal matters.
Regional Coordination Office: Coordinate regional operations of Ministry offices.

Collect and evaluate intelligence on illegal economic activities (e.g., smuggling, tax evasion).
Coordinate with external agencies to monitor economic threats.
Supervise Ministry-wide intelligence activities.
Handle anti-graft investigations and prosecutions within the Ministry.

Headed by Commissioner, appointed by the President.
Responsible for tax assessment, collection, accounting, enforcement, and prosecution.
Composed of Assessment and Collection Group and Legal and Internal Administration Group, each with specialized divisions.
Deputies oversee groups; rules delineate authorities and responsibilities.

Headed by Commissioner, appointed by the President.
Collect duties, enforce tariff laws, prevent smuggling.
Comprises Customs Revenue Collection Monitoring Group, Customs Assessment and Operations Coordinating Group, Intelligence and Enforcement Group, and Internal Administration Group.
Organized into collection districts led by District and Port Collectors.

Headed by National Treasurer, appointed by the President.
Custodian of government funds, manages cash resources, debt service, financial transactions, and banking functions.
Composed of Internal Affairs and National Government Affairs Subsectors, each with specialized services and divisions.

Headed by Executive Director, appointed by the President.
Assists policy formulation on local revenue, supervises local treasury and assessment operations.
Provides technical assistance on local taxation and financial management.
Organized into Internal Administration Office, Policy Enforcement and Special Projects Group, and Field Operations Examination Group.

Coordinates integrated financial and fiscal plans for national and local governments.
Monitors economic developments and reviews plan implementations.
Conducts special studies and coordinates with other agencies.

Policy Office: Monitors international finance, trade developments; provides inputs for domestic policies; coordinates foreign financing programs.
Operations Office: Assists in foreign borrowing policies, supports negotiations with international creditors, monitors foreign-funded projects and debt obligations.

Regional Offices implement Ministry policies, coordinate with local units, and provide services.
Ministry of Finance Regional Administrative Coordination Offices (MOF-RACO) created for resource utilization and administrative integration in regions.
MOF-RACO supports regional financial operations and submits reports to Ministry.

Abolition of non-included units; repurposing of funds and assets.
Detachment of Securities and Exchange Commission.
Attachment of specific agencies to the Ministry.
Abolishment and function transfer of certain agencies.
Holdover status for existing employees subject to new staffing structures; separation benefits provided.
No injunctions allowed against personnel separation under this reorganization.

Minister tasked with periodic performance evaluation and annual reporting to the President.
Compliance with notice or consent requirements when third-party rights are affected.
Nomenclature changes contingent on constitutional changes.
Reorganization changes require Presidential approval.
Funding sourced from Ministry resources.
Minister empowered to issue rules implementing the Order.
Separability and repealing clauses ensure legal consistency.
Immediate effectivity upon approval.