National Budget Circular 542

National Budget Circular 542, issued by the Department of Budget and Management on August 29, 2012, reiterates compliance with Section 93 of the General Appropriations Act of FY2012. Section 93 is the Transparency Seal provision, to wit:

Sec. 93. Transparency Seal. To enhance transparency and enforce accountability, all national government agencies shall maintain a transparency seal on their official websites. The transparency seal shall contain the following information: (i) the agency’s mandates and functions, names of its officials with their position and designation, and contact information; (ii) annual reports, as required under National Budget Circular Nos. 507 and 507-A dated January 31, 2007 and June 12, 2007, respectively, for the last three (3) years; (iii) their respective approved budgets and corresponding targets immediately upon approval of this Act; (iv) major programs and projects categorized in accordance with the five key results areas under E.O. No. 43, s. 2011; (v) the program/projects beneficiaries as identified in the applicable special provisions; (vi) status of implementation and program/project evaluation and/or assessment reports; and (vii) annual procurement plan, contracts awarded and the name of contractors/suppliers/consultants.

The respective heads of the agencies shall be responsible for ensuring compliance with this section.

A Transparency Seal, prominently displayed on the main page of the website of a particular government agency, is a certificate that it has complied with the requirements of Section 93. This Seal links to a page within the agency’s website which contains an index of downloadable items of each of the above-mentioned documents.

Symbolism

A pearl buried inside a tightly-shut shell is practically worthless. Government information is a pearl, meant to be shared with the public in order to maximize its inherent value. The Transparency Seal, depicted by a pearl shining out of an open shell, is a symbol of a policy shift towards openness in access to government information. On the one hand, it hopes to inspire Filipinos in the civil service to be more open to citizen engagement; on the other, to invite the Filipino citizenry to exercise their right to participate in governance.

This initiative is envisioned as a step in the right direction towards solidifying the position of the Philippines as the Pearl of the Orient – a shining example for democratic virtue in the region.

Transparency Seal Contents

I. The Insurance Commission's Mandate, Vision, Mission, Directory of Officials and Organizational Structure
II. AO25 Secretariat Scorecards
IV. Modifications made pursuant to the general and special provisions in the GAA
  1. FY 2019 – Not Applicable
  2. FY 2020 – Not Applicable
  3. FY 2021 – Not Applicable
  4. FY 2022 – Not Applicable
V. Indicative Annual Procurement Plan FY 2022 Non-CSE; Annual Procurement Plan FY 2022 Non-CSE; Annual Procurement Plan FY 2022 CSE (Common-Supplies and Equipment); and Notice of Award
VI. Major Projects, Programs and Activities, Beneficiaries, and Status of Implementation
  1. FY 2019 – Not Applicable
  2. FY 2020 – Not Applicable
  3. FY 2021 – Not Applicable
  4. FY 2022 – Not Applicable
VII. Annual Financial Reports

I. Statement of Appropriations, Allotments, Obligations, Disbursements and Balances

As of December 2021
As of December 2020
As of December 2019
As of December 2018
As of December 2017
As of December 2016

II. Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expenditures

As of Quarter Ending December 31, 2021

III. List of Allotments and Sub-Allotments

As of Quarter Ending December 31, 2021

IV. Summary Report of Disbursements

As of March 2022
As of December 2021
As of December 2020
As of December 2019
As of December 2018
As of December 2017
As of December 2016

V. Aging of Unpaid Obligations

As at December 31, 2021

VI. Quarterly Physical Report of Operations

2022

2021

2020

2019

2018

2017

2016

As of March

As of December

As of December

As of December

As of December

As of December

As of December

As of September

As of September

As of September

As of September

As of September

As of September

As of June

As of June

As of June

As of June

As of June

As of June

As of March

As of March

As of March

As of March

As of March

As of March

VII. Quarterly Report on Revenue and Other Receipts

2021

2020

2019

2018

2017

2016

2015

As of December

As of December

As of December

As of December

As of December

As of December

As of December

As of September

As of September

As of September

As of September

As of September

As of September

As of September

As of June

As of June

As of June

As of June

As of June

As of June

As of June

As of March

As of March

As of March

As of March

As of March

As of March

As of March

VIII. Financial Plan

2022
2021
2020
2019
2018
2017
2016

VIII. Annual Reports on the Status of Income authorized by law to be deposited outside the National Treasury

Not Applicable

XI. Insurance Commission's Review and Compliance Committee Procedure of Statements of Assets, Liabilities and Net Worth (SALN)Review and Compliance Procedure of Statements of Assets, Liabilities and Net Worth (SALN)
XIV. Report on Ageing of Cash Advances