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WHEREAS,
administration of the Economic Support Fund (ESF), one of the financial
resources of the national government used to finance priority
development projects and programs, was transferred to the Department of
Finance (DOF) from the Office of the Presidential Adviser for Regional
Development (OPARD) by virtue of Executive Order 250 s. 2003.
WHEREAS, the OPARD was abolished
by virtue of EO 354, its functions, budget, assets and personnel was
transferred to the Office of Constituency Affairs renamed Office of
External Affairs (OEA) under EO 367.
WHEREAS, one of the functions
inherited by the OEA from the OPARD was to advise the President on
matters concerning the socio-economic development of the various
regions and provide timely analyses and recommendations on critical and
strategic policy and operational issues and concerns relative to
regional development;
WHEREAS, the ESF funds may be tapped as source for implementation of regional development projects;
WHEREAS, the OEA is in a better position to identify projects and programs needed by each region for economic development;
WHEREAS, the ESF have been
efficiently and effectively administered by the OPARD Secretariat, now
with the OEA due to the familiarity of the staff handling the ESF
having managed the same since its inception;
WHEREAS, until now, the OEA have
been administering the ESF, handling the collection activities and
reconciling the ESF Books of Account and clearing accounts of the LGU’s
which availed the ESF.
NOW, THEREFORE, I GLORIA
MACAPAGAL – ARROYO, President of the Republic of the Philippines, by
virtue of the powers vested in me by law, do hereby order:
Section 1. Administration of the
ESF as well as its appropriations, funds, records, equipment,
facilities, other properties, and assets and liabilities derived from
the defunct ESF Secretariat are hereby transferred to the Office of
External Affairs (OEA).
Sec. 2. For the efficient
administration, the OEA shall issue guidelines for the availment and
utilization of the ESF collections.
Sec. 3. All Executive Orders,
rules and regulations and other issuances or parts thereof, which are
inconsistent with the provisions of this Executive Order are hereby
repealed, amended or modified accordingly.
DONE in the City of Manila, this 5th day of October, in the year of Our Lord, Two Thousand Five.
(Sgd.) GLORIA MACAPAGAL – ARROYO
By the President:cralaw:red
(Sgd.) EDUARDO R. ERMITA
Executive Secretary
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