XI. DEPARTMENT OF FINANCE


                                             G.  FISCAL INCENTIVES REVIEW BOARD



Appropriations and Obligations
ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
(In Thousand Pesos)

Description                                                      2003             2004             2005
ŻŻŻŻŻŻŻŻŻŻŻ                                                 ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ

New General Appropriations                                              822              120              120                 
                                                            ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                 
  General Fund                                                                           120              120                 
    R.A. No. 9206                                                       529                                                   
    R.A. 9162 As Reenacted                                              293                                                   
                                                                                                                              
Budgetary Adjustment(s)                                     (           61)                                                   
                                                            ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                                                   
  Transfer(s) to:                                                                                                             
    Overall Savings                                         (           61)                                                   
                                                            ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                 
Total Available Appropriations                                          761              120              120                 
                                                                                                                              
Unused Appropriations                                       (           73)                                                   
                                                            ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                                                   
  Unobligated Allotment                                     (           73)                                                   
                                                            ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                 
TOTAL OBLIGATIONS                                                       688              120              120                 
                                                            ===============  ===============  ===============                 



Proposed New Appropriations Language
ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
     For the operations of the agency, as indicated hereunder......................................................P 120,000
                                                                                                                   =========




New Appropriations, by Program/Project
ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
                                                                 Current Operating Expenditures
                                                               ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
                                                                                  Maintenance
                                                                                   and Other
                                                                   Personal        Operating         Capital
                                                                   Services        Expenses          Outlays           Total
                                                               ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ

A. PROGRAMS                                                                                                                      
                                                                                                                                 
I.    Operations                                                                                                                 
                                                                                                                                 
    a.   Evaluation of requests of government and                                                                                
         private entities for the  restoration of                                                                                
         fiscal incentives and continuing review of                                                                              
         prevailing fiscal incentive systems                                   P        120,000                  P        120,000
                                                                                ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                   ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
Sub-total, Operations                                                                   120,000                           120,000
                                                                                ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                   ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
Total, Programs                                                                         120,000                           120,000
                                                                                ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                   ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
TOTAL NEW APPROPRIATIONS                                                       P        120,000                  P        120,000
                                                                                ===============                   ===============




Special Provision(s)
ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
     1.   Appropriations  for  Programs  and  Specific  Activities.  The amounts appropriated herein for the programs of the
          agency shall be used specifically for the following activities in the indicated amounts and conditions:






Programs and Activities
ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
                                                                 Current Operating Expenditures
                                                               ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
                                                                                  Maintenance
                                                                                   and Other
                                                                   Personal        Operating         Capital
                                                                   Services        Expenses          Outlays           Total
                                                               ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ  ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ

I.   Operations                                                                                                                  
                                                                                                                                 
    a.   Evaluation of requests of government and                                                                                
         private entities for the  restoration of                                                                                
         fiscal incentives and continuing review of                                                                              
         prevailing fiscal incentive systems                                   P        120,000                  P        120,000
                                                                                ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                   ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
Sub-total, Operations                                                                   120,000                           120,000
                                                                                ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ                   ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ
TOTAL PROGRAMS AND ACTIVITIES                                                  P        120,000                  P        120,000
                                                                                ===============                   ===============