WHEREAS, Executive Order No. 130 dated 30 January 1987 mandated the PMS to be the œprimary government agency responsible to the Office of the President for providing staff assistance in the Presidential exercise of overall management of the development process; 

WHEREAS, Memorandum Order No. 184 dated 01 August 1988 and Memorandum Order No. 184-A dated 15 September 1988 designated the Presidential Management Staff ( œPMS ) as the unit in the Office of the President which shall: identify, evaluate, and recommend to the President project beneficiaries of the Special Presidential Action for Regional Concerns ( œSPARC ), known as the President ™s Social Fund ( œPSF ); handle the disbursement of the said Fund; and monitor the implementation of approved projects;

WHEREAS, Memorandum Order No. 56 dated 15 March 2002 designated an Officer-in-Charge to oversee the management of the PSF and other funds under the PMS;

WHEREAS, such funds and their management are logically placed under the PMS to be systematically allocated in accordance with and complementary to the administration ™s programs and policies;

NOW, THEREFORE, I, BENIGNO S. AQUINO III, President of the Philippines, by virtue of the powers vested in me by law do hereby order:

SECTION 1. The PMS, acting through its head or its duly authorized representative is hereby designated as the Officer-in-Charge to oversee the management and administration of the PSF and other funds presently under the PMS. As such, the PMS Head or its duly authorized representative shall exercise the necessary powers for the efficient operation of the PSF, including the authority to: undertake the final review of all requests for assistance from the Funds and submit recommendations on the requests to the President; sign Memoranda of Agreement/Deeds of Donation covering projects and/or requests approved by the President for assistance from the PSF; receive remittances for the PSF and accept donations to the same; approve for revision of project specifications, project realignments, and utilization of savings and/or unused funds of projects assisted by the PSF; disburse vouchers to authorize payments for projects approved by the President for assistance; sign and release checks covering fund releases from the PSF; and, issue the appropriate guidelines to implement this Memorandum Order.

SECTION 2. All presidential issuances, guidelines, rules and regulations, or parts thereof which are contrary or inconsistent with the provisions of this Memorandum Order are hereby repealed and modified accordingly.

SECTION 3. This Memorandum Order shall take effect immediately.

(SGD.) BENIGNO S. AQUINO III

By the President:

(SGD.) PAQUITO N. OCHOA, JR.
  Executive Secretary