WHEREAS, the Philippine Statistical Act of 2013, or Republic Act No. 10625, states that the Philippine Statistics Authority (PSA) shall be primarily responsible for all national censuses and surveys, including sectoral statistics, consolidation of administrative recording systems, and compilation of national accounts;

WHEREAS, the PSA is tasked to support the institutionalization of the System of Environmental-Economic Accounting 2012-Central Framework (SEEA 2012-CF) by developing environmental accounts, such as the physical and monetary asset accounts for mineral resources ;

WHEREAS, the Mineral Accounts are an Environmental Accounts developed and compiled by the Philippine Statistics Authority (PSA) under the Philippine Economic-Environmental and Natural Resources Accounting (PEENRA) Project;

WHEREAS, the Mineral Accounts aim to present the physical asset accounts for nickel, gold, copper, and chromite reserves of the MIMAROPA Region, which will be compiled using data from the Mines and Geosciences Bureau (MGB) of the Department of Environment and Natural Resources (DENR);

WHEREAS, the mineral account will provide information on the available stocks of these metallic minerals at the start and end of each year, as well as the changes that occurred in the stocks ;

WHEREAS, in 2023, PSA MIMAROPA will compile the Mineral Accounts of the MIMAROPA Region and publish a technical report;

WHEREAS, administrative data will also be collected from the government agencies including the local government units in line with the creation of Mineral Accounts;

NOW, THEREFORE, ON A MOTION DULY SECONDED, be it

RESOLVED, AS IT IS HEREBY RESOLVED, That the RSC MIMAROPA approve to support the Creation of Mineral Accounts of the MIMAROPA Region.

RESOLVED FINALLY, That all agencies concerned be copied of this resolution for information and support.

UNANIMOUSLY APPROVED.

Done this 8th day of February in the year of our Lord Two Thousand and Twenty-Three in Quezon City.