Department Administrative Order No. o Series of 2008: RULES AND REGULATIONS TO IMPLEMENT REPUBLIC ACT NO. 6977, AS AMENDED BY REPUBLIC ACT NO. 8289, AND FURTHER AMENDED BY REPUBLIC... Department Administrative Order No. o Series of 2008: RULES AND REGULATIONS TO IMPLEMENT REPUBLIC ACT NO. 6977, AS AMENDED BY REPUBLIC ACT NO. 8289, AND FURTHER AMENDED BY REPUBLIC ACT NO. 9501 OTHERWISE KNOWN AS THE AMENDED MAGNA CARTA FOR MICRO, SMALL AND MEDIUM ENTERPRISES. Can you provide an overview of these rules and regulations?
Understand the Problem
The question seems to entail a request for information or clarification related to the Republic Act No. 6977 and its amendments concerning the rules and regulations applicable to Micro, Small and Medium Enterprises (MSMEs) in the Philippines. It covers various policies, definitions, qualifications for government assistance, and roles of entities involved in supporting MSME development. The details suggest that the user might need guidance on these regulations or how they impact MSMEs.
Answer
It implements and strengthens support for MSMEs through financial, developmental, and policy interventions, as outlined by Republic Act Nos. 6977, 8289, and 9501.
The Department Administrative Order No. 9, Series of 2008, outlines the rules and regulations to implement Republic Act No. 6977, known as the Magna Carta for Micro, Small, and Medium Enterprises (MSMEs). It has been amended by Republic Acts 8289 and 9501, aiming to strengthen support for MSMEs in the Philippines through financial, developmental, and policy interventions.
Answer for screen readers
The Department Administrative Order No. 9, Series of 2008, outlines the rules and regulations to implement Republic Act No. 6977, known as the Magna Carta for Micro, Small, and Medium Enterprises (MSMEs). It has been amended by Republic Acts 8289 and 9501, aiming to strengthen support for MSMEs in the Philippines through financial, developmental, and policy interventions.
More Information
Republic Act 9501, also known as the Magna Carta for MSMEs, focuses on providing more accessible financing, enhancing competitiveness, and fostering an environment conducive to the growth of MSMEs.
Tips
Ensure clarity about the amendments made to the original act and their implications for MSMEs.
Sources
- Department Administrative Order No. 9, s. 2008 - DTI - dti.gov.ph
- Guide to the Magna Carta for Micro, Small and Medium Enterprises - smefinanceforum.org
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