• Purisima orders a smooth transition

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    THE outgoing finance secretary, Cesar Purisima, has asked all officials of the Department of Finance (DOF) to complete the staff work and clear all policy actions with the team of incoming finance secretary, Carlos Dominguez, for the new Administration to review, revise, and finalize according to its policy priorities.

    The policy actions, the DOF said in a statement on Thursday, included the discussions on the deficit and other programmed amounts, which is ongoing within the executive technical board (RTB) of the Development Budget Coordinating Committee (DBCC) for providing policy guidance stability and clarity in the remaining period of the Aquino presidency.

    Purisima’s directive also covers the Implementing Rules and Regulations (IRR) that the DOF is tasked to develop, and the ongoing work on comprehensive tax reform studies.  MAYVELIN U. CARABALLO

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    1 Comment

    1. Can’t the IRR be revised by the incoming administration? If so, what’s the problem?