PART II
COMPANY PROFILE
Training Plan Outline
Place of Training
:
Bureau of the Treasury
Employer Name
:
Ms. Emiliana L.Quizon
Complete Business Address
:
Bureau of the Treasury
2nd Floor, Grand Terminal
Lucena, City
Location of Actual Training Site
:
Bureau of the Treasury
Provincial Office
Duration of Training and Proposed Dates :
250 hrs (November-February)
Numbers of Hours per Week
:
24 hours per week
Field of Training
:
Office Management
A. COMPANY HISTORY
HISTORY, SEAL AND CREDO
The Filipino nation had its first national Treasurer in the person of Baldomero
Aguinaldo who was appointed by President Emilio Aguinaldo as Secretary of
the Treasury. The imposition and collection of taxes became its principal
functions.
The Philippine Commission headed by William H. Taft created the Bureau of
Insular Treasury which was tasked to receive and disburse public funds and
account for the same. It also began the supervision of the country’s banks.
The Bureau of Insular Treasury was placed under executive control of the
Department of Finance and Justice by Section 3 of Act No. 222.
The Bureau of Insular Treasury was renamed to Bureau of the Treasury by Act
No. 1679 and given the additional task of coinage and currency supervision.
The Bureau of Banking assumed the supervision of the country’s banks from
the Bureau of the Treasury.
The Bonding Law was passed based on a provision of the Administrative Code
in 1917.
Republic Act No. 265 transferred the functions of coinage and currency
printing from the Bureau to the newly organized Central Bank of the
Philippines.
Treasury branches were opened throughout the country.
The implementation of the Integrated Reorganization Plan of the government
under RA 6130 reorganized the Bureau into three major services namely:
Financial and Administrative Service, Cash Operations Service, and Public
Debt Management.
The Bureau’s Regional Offices were established: La Union - Region I,
Tuguegarao - Region II, San Fernando - Region III, Batangas - Region IV,
Manila - National Capital Region (NCR), Legaspi - Region V, Iloilo - Region VI,
Cebu - Region VII, Tacloban - Region VIII, Zamboanga - Region IX, Cagayan
de Oro - Region X, Davao - Region XI, and Cotabato - Region XII to
coordinate the provincial offices.
Executive Order 127 reorganized the Bureau with the following mandates:
formulating the nation’s policies on financial management; public borrowing
and capital market development; preparing annual projections of revenues,
expenditures, cash position and borrowings in coordination with NEDA, DBM and BSP; managing
the financial assets and controlling the liabilities of the National Government (NG); maintaining
the books of accounts of all NG financial transactions; undertake the fidelity bonding of all
accountable public officials; and administer the Fidelity Fund.
The Bureau assumed the fiscal functions which RA 7653 mandates to be
transferred from Bangko Sentral ng Pilipinas (BSP) to the Department of
Finance, namely, the issue, service and redemption of Government Securities.
The Bond Sinking Fund and the Securities Stabilization Fund began to be
managed by the Bureau as fiscal agent.
The electronic auction of the Philippine Government Securities called the
Automated Debt Auction Processing System (ADAPS), the first of its kind in
Asia, was introduced for a faster, more transparent and accurate auctions.
The assumption of the management of Special Guaranty Fund by the BTr as
fiscal agent.
The introduction of the scripless electronic and real time transactions on
government securities to eliminate the attendant risk as well as the cost of
moving physical securities called the Registry of Scriptless Securities (RoSS).
The democratization of government securities and empowerment of small
savers through the offering of the Small Investors program (SIP).
Offering of the Small-Denominated Treasury Bonds as part of SIP.
Implemented Executive Order No.449 which further reorganized the BTR.
Offering of the 25-year Treasury Bond. Only Japan and Philippines offer this
longest T-Bond instrument in Asia.
Established the BTr Provident Fund, Inc. as a non-stock and non-profit
institution which provides additional benefits to BTr employees.
Start of the listing and trading of small-denominated treasury bonds at the
Philippine Stock Exchange on January 15, 2001
The Bureau of the Treasury Seal
Philippine Flag
Represents the National Coverage of the Bureau of the Treasury
1897
Year the Treasury of the Philippines was established. On November 2, 1897,
President Emilio Aguinaldo appointed Baldomero Aguinaldo as the Secretary of Treasury.
Thus, the first National Treasury Officec was constituted.
Eagle
Symbolizes the need for the eagle’s eyes in watching over national funds,
and eagle’s capacity to soar to greater heights of achievements, and strong claws
to firmly hold the key to the national coffers.
Key
Represents the key to the vaults where funds of the
Republic of the Philippines are safely kept.
Services