To our Honorable President Ferdinand R. Marcos Jr.; 

Public Financial Management (PFM) Committee principals and members, resource institution secretaries and officials; 

Asian Development Bank (ADB) representatives, whose technical assistance has made the development of the PFM Reforms Roadmap possible; 

Our Development Partners who played a vital role in all levels of the crafting and fine-tuning of our strategic document and will further play a crucial part in implementing our PFM reforms;  

My colleagues in public service, ladies and gentlemen:  

Good afternoon. 

Assalamu alaikum wa Rahmatullahi wa Barakatuh. 

If you would recall, Executive Order (EO) No. 29, dated June 1, 2023, was one of the very first marching orders of the President. This set forth a challenging endeavor to digitalize and re-engineer our PFM processes. But it was an undertaking we were all eager to accept and take on.  

As such, I am proud to present our PFM Reforms Roadmap 2024-2028, a comprehensive blueprint for the full digitalization of PFM processes and the harmonization of PFM policies across agencies. 

This includes a strategic plan to expedite the development of an Integrated Financial Management Information System (IFMIS) to ensure seamless and efficient government transactions. The Roadmap also guides us in our efforts to synchronize planning and budgeting linkages at all levels of the government to ensure alignment of priorities, streamline cash management practices and policies, and standardize internal auditing guidance, among others. 

We are also pushed by this Roadmap to further capacitate and empower our PFM practitioners with the skills and training that they need by implementing a dynamic training curriculum tailored to address the evolving challenges in public financial management. 

As we maximize the transformative power of digital technology, we hope to truly enhance our systems and processes, ensure fiscal discipline and allocative efficiency, and deliver the needs of the people we have sworn to serve.   

And now allow me to present this video about the PFM Reforms Roadmap 2024-2028 explaining how we intend to make our vision of a digitalized and effective PFM system a reality—so that we can deliver a sound, systematic, transparent, and accountable form of governance in fulfillment of our Agenda for Prosperity in our Bagong Pilinas.  

Maraming salamat po.