ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 211 -
TRANSFERRING SUPERVISION OF CERTAIN GOVERNMENT FINANCIAL INSTITUTIONS
FROM THE OFFICE OF THE PRESIDENT TO THE DEPARTMENT OF FINANCE
WHEREAS,
government is committed to pursue a more responsive and efficient
bureaucracy by adopting homogeneous grouping of functionally related
government agencies;
WHEREAS, several government financial institutions, namely the
Development Bank of the Philippines, Government Service Insurance
System, Land Bank of the Philippines and Social Security System,
hereinafter referred to as the GFIs, are now supervised by the Office
of the President;
WHEREAS, Sec. 3 (6), Chapter 1, Title II, Book IV of Executive Order
No. 292, otherwise known as the Administrative Code of 1987, provides
that the Department of Finance shall review and coordinate the
policies, plans and programs of government financial institutions and
thereafter, recommend to them courses of action consistent with
national government fiscal policies, plans and programs; and
WHEREAS, these GFIs perform functions that are similar and/or related
to those of the Department of Finance and can therefore be made more
effective if transferred thereto;
WHEREAS, Sec. 31, Chapter 10, Title III, Book III of EO 292 provides
continuing authority to the President to reorganize the administrative
structure of the Office of the President.
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order:
Section 1.
Sec. 2.
*
Sec. 4.
Sec. 5.
DONE in the City of Manila,
this 15th day of February, in the year of our Lord, Two Thousand.
*
Back to Main
chan robles virtual law library
Since 19.07.98.