Article 29p. 29

ADMINISTRATIVE CODE AND LAW OF PUBLIC OFFICERS TEXT AND RULES

(5) Manage the cash resources of the Government and

perform banking functions in relation to receipts and

disbursements of national funds;

(6) Manage, control and service public debts from

domestic or foreign sources;

(7)

Exercise

line

supervision

over

its

Regional

Offices/field

units

within

Department

Regional

Administrative Coordination Offices; and

(8) Perform such other appropriate functions as may

be

assigned by the Secretary or Undersecretary for

Domestic Operations.

SECTION 30. Composition . — The Bureau of Treasury

shall be composed of the following:

(1)

Internal

Affairs

Sub-Sector

under

the

direct

supervision and control of an Assistant National Treasurer

and composed of the following:

(a) Administrative Service;

(b) Financial and Management Service;

(c)

Management

Information

and

Data

Systems

Service;

(d) Planning and Policy Research Division;

(e) Public Information and Assistance Division; and

(f) Legal Division.

(2) National Government Affairs Sub-Sector under the

direct supervision and control of an Assistant National

Treasurer and composed of the following:

(a) Public Debt Management Service;

(b) Debt Clearing Service;

(c) National Cash Accounts Service;

(d) Treasury Banking Service;

(e) Operations Planning Service;

(f) Regional Offices which shall have under their

supervision all provincial offices and shall be under the

direct control and supervision of the National Treasurer.

SECTION 31. Assistance to National Treasurer . — The

National Treasurer shall be directly assisted by the:

(1)

Management

and

Technical

Staff,

which

shall

perform

the

functions

of

rendering

technical

and

secretarial support services;

(2) Intelligence and Investigation Office, which shall

perform the following functions:

(a) Monitor, gather and evaluate reports on financial

and economic activities of persons or entities, foreign and

domestic, which may adversely affect national financial

interests;

(b) Perform such other appropriate functions as may

be assigned by the National Treasurer.

SECTION 32. Appointment by the President . — The

aforementioned two (2) Assistant National Treasurers

shall

be

appointed

by

the

President

upon

the

recommendation of the Secretary.

SECTION 33. Bureau of Local Government Finance . —

The Bureau of Local Government Finance, which shall be

headed by and subject to the supervision and control of

an Executive Director who shall be appointed by the

President

and

upon

the

recommendation

of

the

Secretary, shall have the following functions:

(1) Assist in the formulation and implementation of

policies on local government revenue administration and

fund management;

(2) Exercise administrative and technical supervision

and

coordination

over

the treasury and assessment

operations of local governments;

(3) Develop and promote plans and programs for the

improvement

of

resource

management

systems,

collection

enforcement

mechanisms,

and

credit

utilization schemes at the local levels;

(4)

Provide

consultative

services

and

technical

assistance to the local governments and the general

public on local taxation, real property assessment and

other related matters;

(5)

Exercise

line

supervision

over

its

Regional

Offices/field

units

within

the

Department

Regional

Administrative Coordination Office and the Local Treasury

and Assessment Services; and

(6) Perform such other appropriate functions as may

be

assigned by the Secretary or Undersecretary for

Domestic Operations.

SECTION 34. Composition . — The Bureau of Local

Government Finance shall be composed of the following:

(1) Internal Administration Office;

(2) Policy Enforcement and Special Projects Group;

(3) Field Operations Examination Group.

SECTION 35. Assistance to the Executive Director . —

The Executive Director shall be directly assisted by the:

(1)

Management

and

Technical

Staff,

which

shall

perform

the

functions

of

rendering

technical

and

secretarial support services;

(2) Intelligence and Investigation Office, which shall

perform the following functions:

(a) Monitor, gather and evaluate reports on financial

and economic activities of persons or entities, foreign and

domestic, which may adversely affect national financial

interests;

(b) Perform such other appropriate functions as may

be assigned by the Director.

SECTION 36. Financial and Fiscal Policy Planning . —

The Financial and Fiscal Policy and Planning Office, which

shall be headed by a Director who shall be appointed by

the

President

upon

the

recommendation

of

the

Secretary, shall have the following functions:

(1) Coordinate, in consultation with the appropriate

government

agencies,

the

formulation

of integrated

financial and fiscal plans of the national Government and

the

local

governments,

consistent with the national

development plan;

(2) Monitor and review the implementation of such

financial

and

fiscal

plans

in

relation

to

recent

developments in the economy;

(3)

Coordinate

with

other

government

agencies

involved in financial, fiscal and economic planning and

policy formulation;

(4) Undertake special studies and research projects on

financial and fiscal policies;

(5) Coordinate the formulation and assessment of

Department

policies

affecting

domestic

finance

operations with the different bureaus and offices of the

Department; and

(6) Perform such other appropriate functions as may

be assigned by the Secretary, the Undersecretary for

Domestic Operations or the Assistant Secretary directly

assisting the Undersecretary for Domestic Operations.

SECTION 37. International Finance Policy Office . —

The International Finance Policy Office, headed by a

Director who shall be appointed by the President upon

recommendation

of

the

Secretary,

shall

have

the

following functions:

(1)

Monitor

and

analyze

international

monetary,

financial and trade developments and their implications

for the Philippine economy and evolve proposals for

appropriate response to said events;

(2)

Provide

inputs

into

the

formulation

of

fiscal,

monetary, financial, foreign trade and exchange rate

policies as well as budgetary and balance of payments

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