RMC No. 112-2016 — Publishes the full text of Executive Order No. 05, approving and adopting the 25-year Long-Term Vision entitled "AMBISYON NATIN 2040 as Guide for Development Planning"

I DEPARTMIENIOE FINANGE PHH:IPHINAES :: RNALIEVENI RREAUOFINTERNALRFPY Paezon City REK NOV 2 1 20 G 60

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November 10. 2016

REVENUE MEMORANDUM CIRCULARNO.H&- MD/

SUBJECT : Publishing the Full Text of Executive Order No. 05, Dated Oetober 11, 2016. Entitled "AMBISYON NATIN 2040 as Guide for Development Planning' Approving and Adopting the Twenty-Five Year Long Term Vision

TO All Internal Revenue Officials, Employees and Others Concerned

concerned, quoted hereunder is the full text of Executive Order No. 05 dated 11 October 2016. For the information and guidance of all internal revenue officials. employees and others

MALACANAn PALACE

MAnILA

BY THE PRESIDENT OF THE PHILIPPINES

EXECUTIVE ORDER NO. 05

DEVELOPMENT PLANNING VISION ENTITLED AMBISYON NATIN 2040 AS GUIDE FOR APPROVING AND ADOPTING THE TWENTY-FIVE-YEAR LONG TERM

and policies for national development after consultations with the appropriate public agencies. various private sectors. and local government units: planning agency of the government to implement continuing. integrated and coordinated programs WHEREAS. the 1987 Philippine Constitution mandates the independent cconomic and

term development plans and policies to promote both the growth of the economy and the equitable distribution of the benefits of such growth to the members of society: be programmed within the context of well-formulated and consistent long. medium. and short- requires the State to ensure that all socio-economic programs and activities of the government shall WHEREAS. Executive Order No. 292 (s. 1987) or the Administrative Code of 1987

(NEDA) shall serve as the independent pianning agency of the government and shall primarily be responsible for formulating continuing. coordinated and fully integrated social and economic policies, plans and programs: WHEREAS pursuant to EO No. 292. the National Economic and Development Authority

Philippines nee ls a hold vision and effective development planning. one that adopis a forward. Iooking approach dat goes bevond a single political adnioistration. to be at par with the reeim's Aonomic growth and developnent; WHFRFAS. Asia is projecicd to h: the center of the gloat ece:omy by 2050. and the

development outcomes in order to fulfill such aspirations: knowledge of our peoples' ..pirations for themselves and :he country is necessary to enab!.. the government to design programs, projects and activities geared towards the attainment of WHEREAS. as the Filipino should atway's be at the center of development planning.

focus group discussions and a survey, has coneluded that the Filipinos' vision for themselves is: WHEREAS. the NEDA, through a series of nationwide public consultations composed of

that we huve enough for our daily needs and umexpected expenses. that we cam plan amd prepure for ou own and our children's fuure. Ou family lives together in d place of our own. and we have the freedom to go where we desire, protected and enabled hy u clean. efficient and fair government. "In 2040. we Will ull erjoy astahle amd confortthle lifestyle. secure in the knowledge

Philippines. by virtue of the powers vested in me by law. do hereby order: NOW, THEREFORE, I, RODRIGO ROA DUTERTE. President of the

SECTION 1. Adoption of Ambisyon Natin 2040. Ambisyo1 Natin 2040 is hereby adopted as the twenty-five-year long-term vision for the Philippines. to wit:

be smart and innovative, and shall live in a high-trust society." class society where no one is poor; our peoples shall live long and healthy lives, "By 2040, the Philippines shall be a prosperous, predominantly middie-

appropriate set of milestones shall be identified to guide the successive medium-term development plans. triple real per capita incomes and eradicate hunger and poverty by 2040. if not sooner. An SECTION 2. Overall Long-term Goals. The Philippine Government hereby aims to

the Ambisyon Natin 2040 and overall goals. The PDPs shall ensure sustainability and medium-term Philippine Development Plans. hereafter to be referred: to as Philippine consistency of strategies, policies. programs and projects across political administrations Development Plans (PDPs), to be crafted and implemented until 2040 shall be anchored on SECTION 3. Medium-Term Philippine Development Plans. The four (4)

offices and instrumentalities, including government-owned or -controlled corporations and local government units. shall be consistent with Ambisyon Nutin 2040. SECTION 4. Consistent Government Plans. All plans of government departnients.

unconstitutional. the other provisions not affected thereby shall remain valid and subsisting. SECTION 5. Separability. If any provision of this Executive Order is declared invalid or

are inconsistent with the provisions of this Executive Order are hereby repealed or modified accordingly SECTION 6. Repeal. All issuances. orders. rules and regulations or parts thereof which RUREU OF INTERNAL REVENUE RECOES MGT. DIVSION G: 3 4 AA

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I. e oe st. e aet immcdiachyup I ablicatic.i. . a newspaper of gereral circuton.

DONE. in the City OfManila. this lI day of October. m the Year of our Lord Two Thousard at Sixteen.

Ey the President.

(Sga) SALVADOR C. MEDIALDEA

Executive Secretary

this Cireular a wide publicity as possible All revenu&' ofticials and employees are hereby cnjoined to be guided accordingly and give

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CAESAR R. DULAY Commissioner of Internal Revenue 0020$9

DUREAU OT INTERNAL RIVENUE

B-$ PECORBS MGT. DIVISION G:34A.M

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