FIRB Resolution No. 001-89

February 8, 1989 FIRB RESOLUTION NO. 001-89 BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to endorse to the Department of Budget and Management the subsidy availment of the Bureau of Treasury in the amount of P40,986,320 . 00 , representing documentary stamp taxes due therefrom for the Treasury Bills and Treasury Notes issued during the fourth quarter of 1988 and on September 21, 1988 , respectively, as herein specifically described: Provided , That such amount shall be chargeable against the Tax Expenditures Fund, pursuant to the terms and conditions of the Rules and Regulations to Implement the Subsidy Provisions Under Executive Order No. 93. Details of Documentary Stamp Taxes Due from the Bureau of Treasury Treasury Bills (in million) Date of issue Auctioned Special Documentary 91-day 182-day 364-day Stamp Tax October 1988 P2,707.00 P2,667.00 P8,000.00 P1,150.00 P14.52400 November 1988 3,782.58 3,014.94 6,460.00 1,420.00 14.67752 December 1988 2,813.80 2,871.00 4,000.00 1,300.00 10.98480 P9,303.38 P8,552.94 P18,460.00 P3,870.00 P40.18632 Treasury Notes September 21, 1988 P800.00 0.80000 Total P40.98632 (SGD.) VICENTE R. JAYME Secretary of Finance Chairman FIRB