In support of government’s advocacy in promoting transparency and accountability in the government, the Department of the Interior and Local Government, issued Memorandum Circular No. 2010-083 also known as the Full Disclosure Policy (FDP).
The Full Disclosure Policy (FDP) requires local governments to fully disclose particular financial documents to keep their constituents informed of how the LGU budget is managed, disbursed and used. It primarily aims to promote honest, transparent, and orderly management of public funds, help minimize, if not totally prevent, corruption and misuse of public funds, and increase the people’s awareness of the available public funds and the allocated amount for development projects in their localities. Initially, the required documents are to be posted in at least three (3) conspicuous places, the LGU website, and in print media of community or general circulation.
However, some LGUs found it difficult to comply with the FDP due to the absence of a website and the prohibitive cost of purchasing print space. Hence, the DILG, through the assistance of Philippines Development Forum, created the Full Disclosure Policy Portal in 2012. The FDP Portal serves as a centralized repository that helps the LGUs in uploading the financial documents required by the FDP. Further, it enables the public to view, download, and print the financial documents of the local government units.
To meet the demands of the public, and to make the posted documents more understandable, the DILG enhanced the FDP Portal.
Now, FDPP users can make more sense of the information in the posted financial documents the Portal’s new feature—the infographics.
All end-users can now view the summary of selected FDP documents through graphs and tables that are easier to understand.