Republic of the Philippines SORSOGON STATE UNIVERSITY – GRADUATE SCHOOL Magsaysay St., Sorsogon City THE DEPARTMENTS OF GOVERNMENT • • Department of Finance Department of Agriculture JOHN DERECK E. VALENZUELA Master of Arts in Management – Major in Public Administration PA 503- Theories and Practices in Public Administration Department of Finance The Department of Finance (DOF) is the government’s steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability. •A strong economy with stable prices and strong growth; •A stable fiscal situation with adequate resources for government projects, infrastructure, education, health, and other basic services; •A borrowing program that is able to avoid the crowding-out effect on the private sector and minimizes costs; •A public sector debt profile with long maturities and an optimum mix of currencies that minimizes the impact of currency movements; and •A strong economic growth with equity and productivity. •Our economy must be one of the most dynamic and active in the world, globally competitive and onward looking. The DOF shall take the lead in providing a solid foundation for the achievement of this objective by building a strong fiscal position, through the: •Formulation, institutionalization, and administration of sound fiscal policies; •Improvement of tax collection efficiency and non-tax revenue efforts; •Mobilization of adequate resources on most advantageous terms to meet budgetary requirements; •Sound management of public sector debt; and •Initiation and implementation of structural and policy reforms. •Under Executive Orders 127, 127-A and 292, the Department of Finance is responsible for the following: •Formulation, institutionalization and administration of fiscal policies in coordination with other concerned subdivisions, agencies and instrumentalities of the government; •Generation and management of the financial resources of government; •Supervision of the revenue operations of all local government units; •Review, approval and management of all public sector debt, domestic or foreign; and •Rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government. POWER and FUNCTIONS 1. Formulate goals, action plans and strategies for the Governments resource mobilization effort; 2. Formulate, institutionalize and administer fiscal and tax policies; 3. Supervise, direct and control the collection of government revenues; 4. Act as custodian of, and manage all financial resources of Government 5. Manage public debt; 6. Review and coordinate policies, plans and programs of GOCCs; 7. Monitor and support the implementation of policies and measures on local revenue administration; 8. Coordinate with other government agencies on matters concerning fiscal, monetary, trade and other economic policies 9. Investigate and arrest illegal activities such as smuggling, dumping, illegal logging, etc. affecting national economic interest Benjamin Estoista Diokno • is a Filipino economist currently serving as the 32nd Secretary of Finance under the administration of President Ferdinand "Bong Bong" Marcos Jr. since June 30, 2022. DoF Agencies Bureau of Internal Revenue Bureau of Customs Bureau of Treasury Bureau of Local Government Finance Insurance Commission National Tax Research Center Central Board of Assessment Appeal Philippine Deposit Insurance Corporation Philippine Guarantee Corporation Privatization and Management Office Securities and Exchange Commission •COVID-19 Pandemic Public-Private Partnership (PPP) can be broadly defined as a contractual agreement between the Government and a private firm targeted towards financing, designing, implementing and operating infrastructure facilities and services that were traditionally provided by the public sector. It embodies optimal risk allocation between the parties – minimizing cost while realizing project developmental objectives. Thus, the project is to be structured in such a way that the private sector gets a reasonable rate of return on its investment. PPP offers monetary and non-monetary advantages for the public sector. It addresses the limited funding resources for local infrastructure or development projects of the public sector thereby allowing the allocation of public funds for other local priorities. It is a mechanism to distribute project risks to both public and private sector. PPP is geared for both sectors to gain improved efficiency and project implementation processes in delivering services to the public. Most importantly, PPP emphasizes Value for Money (VfM) – focusing on reduced costs, better risk allocation, faster implementation, improved services and possible generation of additional revenue. Public – Private Partnership (PPPs) for Roads and Bridges Possible Public Sector Agencies Department of Public Works and Highways Philippine Reclamation Authority Local Government Unit REFERENCES: • • • • • • https://www.dof.gov.ph/about https://www.officialgazette.gov.ph/section/briefing-room/department-of-finance/ https://www.youtube.com/@DepartmentofFinancePH/videos https://en.wikipedia.org/wiki/Department_of_Finance_(Philippines) https://taxreform.dof.gov.ph/news_and_updates/priming-the-economy-with-buildbuild-build/ https://2040.neda.gov.ph/about-ambisyon-natin-2040/ Department of Agriculture Masaganang Agrikultura, Maunlad na Ekonomiya! • The DA envisions a modernized agriculture and fisheries; a diversified rural economy that is dynamic; technologically advanced and internationally competitive. Its transformation is guided by the sound practices of resource sustainability, the principles of social justice and a strong private sector participation. • It is the mission of DA to help and empower the farming and fishing communities and the private sector to produce enough, accessible, and affordable, safe, and nutritious food for every Filipino and a decent income for all. • The Department is the government agency responsible for the promotion of agricultural development by providing the policy framework, public investments, and support services needed for domestic and exportoriented business enterprises. DEPARTMENT OF AGRICULTURE - SECRETARY His Excellency Ferdinand “Bongbong” Romualdez Marcos, Jr. CLUSTER & AGENCIES – Department of Agriculture BUREAUS Agricultural Training Institute Bureau of Agricultural Research Bureau of Agricultural and Fisheries Engineering Bureau of Agriculture and Fisheries Standards Bureau of Animal Industry Bureau of Fisheries and Aquatic Resources Bureau of Plant Industry Bureau of Soils and Water Management Philippine Rubber Research Institute ATTACHED AGENCIES Agricultural Credit Policy Council Fertilizer and Pesticide Authority National Fisheries Research and Development Institute National Meat Inspection Service Philippine Carabao Center Philippine Center for Postharvest Development and Mechanization Philippine Council for Agriculture and Fisheries Philippine Fiber Industry Development Authority ATTACHED CORPORATIONS National Dairy Authority National Food Authority National Irrigation Administration National Tobacco Administration Philippine Coconut Authority Philippine Fisheries Development Authority Philippine Rice Research Institute Sugar Regulatory Administration - PROGRAMS OF DEPARTMENT OF AGRICULTURE National Rice Program National Corn Program National Livestock Program National High-Value Crops Development Program Promotion and Development of Organic Agriculture Program • National Urban and Peri-Urban Agriculture Program • • • • • The Plant, Plant, Plant program is the centerpiece initiative of the Department of Agriculture to ensure sustained food production and availability, food accessibility and affordability amidst the threats of COVID-19. DA will carry out these strategies to increase national Agri-fishery output through the expansion of areas to be covered by government programs. The use of advanced and relevant technologies to increase levels of productivity across all commodities will also be intensified. PLANT, PLANT, PLANT PROGRAM REFERENCES: • • • https://www.da.gov.ph/ https://en.wikipedia.org/wiki/Department_of_Agriculture_(Philippines) https://www.ikot.ph/da-launches-plant-plant-plant-part-2-dar/ https://www.facebook.com/dacentralphilippines/photos/