Powers 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

Department of Finance