Omar T. Cruz

From Wikipilipinas: The Hip 'n Free Philippine Encyclopedia
Jump to: navigation, search

Omar T. Cruz is the present Treasurer of the Government of the Philippines. As Treasurer, he serves as head of the Bureau of Treasury under the Department of Finance.

Duties as Treasurer

His primary responsibilities are 1) to direct the formulation of policies on borrowing, investment and capital market development; 2) formulate adequate operations guidelines for fiscal and financial policies; 3) maintain books of accounts of the National Government cash transactions; 4) manage cash resources, collect advances, and guarantee forward cover fees due to the National Government; 5) control and service of public debt, both foreign or domestic; 6) issue, service and redeemgovernment securities for the account of the National Government; 7) manage the Securities Stabilization Fund; 8) bond all accountable public officials and employees; 9) take charge of the custody of financial assets of the National Government, its agencies and instrumentalities; and lastly 10) implement special laws that vest in the Bureau of Treasury the certain aspects relating to fiscal and financial administration of the government.

References

Citation

Wikipinas.png

Original content from WikiPilipinas. under GNU Free Documentation License. See full disclaimer.