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The Department of Labor and Employment (DOLE) was founded on December 8, 1933, by virtue of Act No. 4121 of the Philippine Legislature. It was renamed as the Ministry of Labor and Employment in 1978. The agency was reverted to its original name after the People Power Revolution in 1986. [4]
DHSUD – Department of Human Settlements and Urban Development; DICT – Department of Information and Communications Technology; DILG – Department of the Interior and Local Government; DND – Department of National Defense; DOE – Department of Energy; DOF – Department of Finance; DOH – Department of Health; DOJ – Department of Justice
Department of Finance: Kagawaran ng Pananalapi: April 17, 1897; 127 years ago () Secretary of Finance: Ralph Recto: Department of Foreign Affairs: Kagawaran ng Ugnayang Panlabas: June 23, 1898; 126 years ago () Secretary of Foreign Affairs: Enrique Manalo: Department of Health: Kagawaran ng Kalusugan
CVA does not encompass financial transactions such as payments to governments, remittances, or microfinance activities. These are separate categories of financial interactions, serving different purposes often related to long-term economic development or structural financial support, rather than direct crisis response.
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...
The Labor Code and other legislated labor laws are implemented primarily by government agencies, namely, Department of Labor and Employment and Philippine Overseas Employment Agency (now the country's Department of Migrant Workers). Non-government entities, such as the trade unions and employers, also play a role in the country's labor.
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Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.