Jump to section
Section 1
Abolition of the MDFO
Section 1.
Abolition of the MDFO.
—The MDFO is hereby abolished, For this purpose, and within ninety (90) workings days from effectivity of this Order, the Secretary of Finance shall fully implement the abolition, including the disposition or transfer of the MDFO's functions, personnel and assets, as necessary. The Secretary shall be assisted by a skeletal force, composed of the MDFO personnel, for the sole purpose of winding-up the MDFO operations and safekeeping of the resources of the MDFO.
Section 2
Transfer of Assets and Liabilities
Section 2.
Transfer of Assets and Liabilities.
—All assets and liabilities of the MDFO shall be transferred to the DOF, including all funds still held in trust by the MDFO as fund administrator, in accordance with pertinent auditing laws, rules and regulations, except all other cash on hand and in bank accounts of the MDFO, which shall be directly remitted to the National Treasury.
Section 3
Transfer of Rights and Obligations as Fund Administrator
Section 3.
Transfer of Rights and Obligations as Fund Administrator.
—All rights and obligations of the MDFO as fund administrator of Official Development Assistance (ODA) projects, including specific undertakings executed in the MDFO's favor by beneficiary LGUs, shall be transferred to the DOF. For this purpose, the DOF is hereby authorized to perform all acts and execute all documents necessary to implement this provision.
Section 4
Absorption of Personnel, Separation and Retirement Benefits
Section 4.
Absorption of Personnel, Separation and Retirement Benefits.
—The DOF shall, as needed, absorb the MDFO personnel, without diminution of their rank, salaries and other benefits. Positions of the MDFO personnel, who will be absorbed by the DOF, shall be treated as coterminous with the incumbent.
ℒαwρhi৷
The MDFO personnel who are not absorbed shall be separated from service, and shall be allowed to receive the corresponding separation and retirement benefits under applicable laws and regulations.
The separation pay authorized herein shall be charged against the available funds of the MDFO, and such other funding sources that the Department of Budget and Management may identify, subject to existing budgeting, accounting and auditing laws, rules and regulations.
Section 5
Repeal
Section 5.
Repeal.
—All other orders, rules and regulations, and issuances, or any part thereof inconsistent with the provisions of this Order are hereby repealed, amended or modified accordingly.
Section 6
Separability
Section 6.
Separability.
—If any part or provision of this Order directing the abolition of the MDFO is held unconstitutional or invalid, the other parts or provisions not affected thereby shall continue to be in full force and effect.
Section 7
Effectivity
Section 7.
Effectivity.
—This Order shall take effect immediately after its publication in the Official Gazette or in a newspaper of general circulation.
IN WITNESS WHEREOF,
—I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.
Done in the City of Manila, this 10th—day of June, in the year of Our Lord, Two Thousand and Twenty Two.
(SGD.)—
RODRIGO ROA DUTERTE
By— the President:
(SGD.)—
SALVADOR C. MEDIALDEA
Executive Secretary