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MEMORANDUM CIRCULARS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
MEMORANDUM CIRCULAR NO. 1 -
ENJOINING THE DISCLOSURE OF ALL FINANCIAL TRANSACTIONS AND CONTRACTS
In order to help the new administration
undertake measures necessary for the effectiveness and efficiency of
government operations, the heads of all departments, bureaus, offices
and agencies, including government-owned and controlled corporations
and their subsidiaries, shall make a full disclosure of all financial
transactions and contracts, whether pending, approved or completed,
entered into by their respective offices for the period of six (6)
months preceding June 30, 1998. Since 19.07.98.
A complete report to the President through the Executive Secretary
shall be made within fifteen (15) days from issuance of this circular.
For compliance.
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