News

JUL
08
2013

SBN-628: Fiscal and Monetary Board Act of 2013

An Act Mandating The Secretary Of The Department Of Finance And The Governor Of The Bangko Sentral Ng Pilipinas To Appear Before Congress Semi-Annually To Report On The Status And Directions Of The Fiscal And Monetary Policies Of The State (“Fiscal And Monetary Report Act Of 2013”)

  • Requires the heads of the DOF and the BSP to appear before Congress semi-annually, to report on the state and the directions of the fiscal and monetary policies of the government
  • Requires the DOF and the BSP to submit a written report which shall include a discussion of the conduct of their respective policies
  • Provides that the reports submitted to Congress be made available to the public by means of downloadable copies in their respective official websites

 

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