Executive Order No. 85 (2025) — by virtue of EO No. 58, PHILEXIM was renamed as Philippine Guarantee Corporation (PHILGUARANTEE), and all guarantee-related functions, funds, and programs of the Small Business Corporation, as well as the administration of the Agricultural Guarantee Fund Pool and the Industrial Guarantee and Loan Fund, were transferred thereto;

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Section 1 · Reorganization of the PHILGUARANTEE Board of Directors Section 2 · Jurisdiction of the Bangko Sentral ng Pilipinas Section 3 · Separability Section 4 · Repeal Section 5 · Effectivity

Section 1

Reorganization of the PHILGUARANTEE Board of Directors

Section 1.

Reorganization of the PHILGUARANTEE Board of Directors. The PHILGUARANTEE Board of Directors is hereby reorganized and shall now be composed of the following as members:

a. Secretary, Department of Finance as Chairperson;

b. Secretary, Department of Trade and Industry;

c. Secretary, National Economic and Development Authority;

d. Secretary, DA;

e. Secretary, DHSUD; and

f. Four (4) representatives from the private sector, to be appointed by the President in accordance with RA No. 10149, at least one (1) of whom shall come from the export community, and of known probity in the sector they represent. ℒαwρhi৷

The ex officio members of the PHILGUARANTEE Board of Directors may designate their respective alternates who shall be the officials next-in-rank to them, and whose acts shall be considered the acts of their principals.

The PHILGUARANTEE President shall be elected by the Board of Directors from among its ranks in accordance with the provisions of RA No. 10149 and relevant laws, rules and regulations. Consistent with Presidential Decree (PD) No. 1080, as amended, and RA No. 2254, the PHILGUARANTEE President shall be the Vice-Chairperson of the Board of Directors.

Section 2

Jurisdiction of the Bangko Sentral ng Pilipinas

Section 2.

Jurisdiction of the Bangko Sentral ng Pilipinas. In accordance with Section 22 of PD No. 1080, as amended, PHILGUARANTEE shall continue to be subject to the supervision and examination of the Bangko Sentral ng Pilipinas.

Section 3

Separability

Section 3.

Separability. If any section or part of this Order is declared unconstitutional or invalid, the other sections or provisions not otherwise affected shall remain in full force and effect.

Section 4

Repeal

Section 4.

Repeal. All orders, rules and regulations, and other issuances or parts thereof, which are inconsistent with this Order, are hereby repealed or modified accordingly.

Section 5

Effectivity

Section 5.

Effectivity. This Order shall take effect immediately upon its publication in the Official Gazette or in a newspaper of general circulation.

DONE, in the City of Manila, this 27th day of March, in the year of Our Lord, Two Thousand and Twenty-Five.

(Sgd.) FERDINAND R. MARCOS, JR.

By the President:

(Sgd.) LUCAS P. BERSAMIN Executive Secretary