MANILA, June 2 -- President Ferdinand R. Marcos Jr. has issued an executive order (EO) directing all government offices to adopt and implement an integrated financial management information system (IFMIS) in the processing of their transactions.

The directive contained in Executive Order (EO) 29 covers all departments, agencies and instrumentalities of the national government, including government-owned or -controlled corporations (GOCCs) to strengthen the integration of public financial management information systems and streamline processes.

The EO, inked by Marcos on Tuesday, also enjoins all local government units (LGUs) to adopt and implement an IFMIS in their transactions.

The new order will pave the way for the full digitalizati...