Directing All National Government Agencies of the Government to Limit Expenditures and Cash Disbursements for Remainder of CY 1990

October 4, 1990 REVENUE MEMORANDUM CIRCULAR NO. 088-90 SUBJECT : Directing All National Government Agencies of the Government to Limit Expenditures and Cash Disbursements for Remainder of CY 1990 TO : All Revenue Officials and Employees and Others Concerned For the information and guidance of all revenue officials and employees, quoted hereunder is Administrative Order No. 197 dated October 8, 1990 of Her Excellency, President Corazon C. Aquino. WHEREAS, government cash disbursements have substantially accelerated and exceeded the program contributing to the widening of the cash deficit; WHEREAS, revenue collections may fall short of targets due to recent revenue reform measures; WHEREAS, there is a pressing need to keep the cash deficit within programmed levels to support the economic reform program; acd NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order: Sec. 1. All agencies of the national government shall limit expenditures and cash disbursements for the remainder of the year 1990 to those that are absolutely necessary to sustain operations and implement critical programs and projects. For this purpose: a. All allotment releases for capital projects, except for foreign-assisted projects, earthquake-related expenditures, and projects which have already been bidded out or announced for bidding as of October 5, 1990, which have not yet been obligated shall be deferred to 1991; and b. The Department of Budget and Management shall withdraw the equivalent of 20 percent of allotments already released for maintenance and other operating expenditures for the fourth quarter, except those pertaining to the maintenance of roads, bridges, flood control facilities, schools and hospitals. All agencies shall identify the specific expenditure items which shall be withdrawn to satisfy items a and b above. Said expenditure items shall be submitted to the Department of Budget and Management not later than October 15, 1990. Sec. 2. All agencies shall likewise submit to the Department of Budget and Management on or before October 15, 1990, a report on actual savings as of August 31, 1990, out of the following: a. salary lapses due to unfilled positions except for those covered by court decisions; and b. savings generated as a result of Administrative Order No. 177, S. of 1990. Sec. 3. The Department of Budgets and Management shall report the status of the implementation of this Administrative Order to the Office of the President on October 30, 1990. aisa dc Sec. 4. This Administrative Order shall take effect immediately. DONE in the City of Manila, this 8th day of October, in the year of our Lord, nineteen hundred and ninety. (Sgd.) CORAZON C. AQUINO By the President: (Sgd.) Catalino Macaraig, Jr. Executive Secretary All revenue officials and employees are enjoined to give this circular as wide a publicity as possible. aisa dc (SGD.) JOSE U. ONG Commissioner of Internal Revenue