As provided under Section 202 of the CMTA, the BOC is mandated to:
As mandated by Section 602 of the TCCP; Assess and collect lawful revenues:
Department of Finances (DOF) directly responsible over the fiscal and financial affairs of local government. Under a decentralized regime, BLGF provides a catalytic role in effective and sustainable management of fiscal and financial resources of LGUs, transforming them into self-reliant communities. It is vigilant and dedicated to pursuit of development and professionalization of its employees including those of the local treasury and assessment services.
To regulate and supervise the insurance, pre-need, and HMO industries in accordance with the provisions of the Insurance Code, as amended, Pre-Need Code of the Philippines, and Executive Order No. 192 (s. 2015)
Pursuant to Presidential Decree No. 74, the National Tax Research Center (NTRC) is mandated to
conduct continuing research on taxation to improve the tax system and raise the level of tax
consciousness among our people to achieve economic growth and bring about a more equitable
distribution of wealth and income.
As the Principal Agency for State Guarantee Finance of the Philippines, we provide accessible, reliable and efficient guarantee systems to enable credit for stakeholders in trade and investments, infrastructure, housing, agriculture, MSMEs and other priority sectors of the government.
The Philippine Government is committed to a free market economy. There is, however, significant direct government involvement in the country’s economic activity through both economic planning and the state-ownership of numerous corporations involved in certain strategic sectors, such as banking, power-generation, oil production and transportation.
The Securities and Exchange Commission (SEC) or the Commission is the national government regulatory agency charged with supervision over the corporate sector, the capital market participants, the securities and investment instruments market, and the investing public. Created on October 26, 1936 by Commonwealth Act (CA) 83 also known as The Securities Act, the Commission was tasked to regulate the sale and registration of securities, exchanges, brokers, dealers and salesmen.