RMC No. 97-2017: Publishes the full text of Memorandum Circular No. 27, entitled “Directing All Concerned Government Agencies to Strengthen the Implementation of the Philippine Export Development Plan and Involving Other Relevant Agencies in the Development of the Export Sector”

Key points

1. Role of the DOF, BOC and BIR. The Department of Finance, through the Bureau of Customs and the BIR, fully implements the Customs Modernization and Tariff Act and automates, streamlines and integrates import and export processes. It also implements tax reform policies and streamlines BIR tax compliance processes.
2. Inventory of policies. The concerned agencies, including the DOF, submit an inventory of relevant policies, programs and action plans to the Export Development Council and to the Office of the President through the Executive Secretary. It is also submitted to the Department of Budget and Management for budget allocations.

Who is affected

• Concerned government agencies enumerated in the Circular, including the DOF, Bureau of Customs and BIR

Deadlines and effectivity

• Inventory submission: within sixty (60) days upon the approval of succeeding PEDPs