Recent Budgeting Reforms and Public Expenditure Development Plans:

Philippines

December 15-16, 2016

12th OECD-ASIAN SENIOR BUDGET OFFICIALS ANNUAL MEETING

The Oriental Hotel, Bangkok, Thailand

• Status of Philippine Economy as of 3rd Qtr, 2016

• Budget Reforms Implemented

• Modernizing the Budget Framework and Other

Proposed Budget Reforms

• Implementation Challenges

Presentation Outline

Strengthen skills of PFM practitioners

Performance-Based Incentive System

Budget Reforms Implemented (1)

Simplified IRR of the Government

Procurement Reform Law

• Emphasis on transparency, accountability, and

civil society participation.

• Issuance of Executive Order No. 2, s. 2016,

implementing the proposed Freedom of

Information Bill

Transparency and

Accountability to the People

• Additional support to LGUs based on

implementation of higher good governance

standards

• Capacity building for LGUs on generating

resources and delivering basic services

• Decentralized development from Metro Manila and

urban areas to rural areas

LGUs as Able Partners in

Development

Budget Reforms Implemented (2)

Budget Reforms Implemented (3)

Fast-tracking Implementation

• 24/7 construction work of major infrastructure

projects

• Strengthening project monitoring through modern

technology

• Capacitating Cabinet Secretaries and senior

officials

Improving Quality of Projects

• Strengthening planning with network plans

• Value Analysis/Value Engineering and

independent assessment

• Pragmatic PPP

4. Performance-

Informed

Budgeting

5. Checkless

Payments via

Expanded MDPS

2. GAA-as-

Allotment Order

3. Unified Account

Code Structure 1. Early Procurement

for Infrastructure

Other Budgeting Reforms Implemented

6. 2-Tier Budgeting

Approach

7. Online Submission of

Budget Proposal/

Accountability Reports Tier 1: On-going

Programs/Projects (Forward

Estimates)

Tier 2: New Spending

Proposal/Expansion

8. Disaggregation of

Lumpsum Amounts

within Agency-Specific

Budget

Modernizing the Budget Framework

Budget Reform Act

Cash basis

1-year

appropriation

shelf life Results-based

approach

Establish an

Office of the

Comptroller

General

Strengthen

Congressional

Power of the

Purse

Integrated Financial

Management System

Proposed Budget Reforms

Government Rightsizing

Implementation Challenges

Phasing

Prioritization

Legislative Support

Agencies’ Absorptive Capacity

Thank you!

Recent Budgeting Reforms and Public Expenditure Development Plans:

Philippines