ALL government offices and local government units (LGUs) in the Philippines were mandated to adopt and implement integrated financial management information system (IFMIS) in their...
ALL government offices and local government units in the Philippines were mandated to adopt and implement integrated financial management information system in their transactions.
Marcos signed the EO 29, titled “Strengthening the Integration of Public Financial Management Information Systems, Streamlining Processes Thereof, and Amending Executive Order No. 55 for the Purpose,” in line with his commitment to improve bureaucratic efficiency by capitalizing on digitalization efforts.
The committee will conduct policy and process review of key PFM processes, including budget management and its execution, cash management, and accounting and reporting. The committee was also tasked to come up with a five-year plan for the development and implementation of the IFMIS that links national government agencies with DBM, DOF, COA, and BTr; oversee, coordinate, and develop integration, simplification, harmonization of the government’s financial management processes and information systems; and develop, oversee, and conduct comprehensive mid-term review of the implementation of PFM Reforms roadmap.
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