NINETEENTH CONGRESS OF THE ] 
REPUBLIC OF THE PHILIPPINES ] 
First Regular Session 
]
22 *UGH m^43
SENATE
S.B. No. 949
Introduced by SEN. WIN GATCHALIAN
AN ACT
DECLARING JUNE 27 TO JULY 2 OF EVERY YEAR AS THE "NATIONAL 
MICRO-, SMALL-, AND MEDIUM-ENTRPRISE (MSME) WEEK" IN THE 
ENTIRE COUNTRY, AND APPROPRlATim FUNDS THEREFOR
EXPLANATORY NOTE
On April 6, 2017, the United Nations General Assembly adopted a resolution 
recognizing June 27 as the World Micro-, Small-, and Medium-Enterprise (MSME) Day, 
with the support of the International Council for Small Business Global, the oldest 
global organization supporting the continuing education of small business owners. This 
serves as a reminder to governments worldwide to foster a business climate in which 
small companies may thrive. MSMEs account for 90% of businesses, 50 to 70% of 
employment and 50% of GDP worldwide.1 In the Philippines, around 1,076,122 or 
99.9% of establishments are considered MSMEs in 2021.2
As the backbone of societies everywhere, MSMEs contribute to local and 
national economies and to sustaining livelihoods, in particular, among the working 
poor, women, youth, and groups in vulnerable situations. With the challenges brought 
about by the COVID-19 pandemic, MSMEs proved to be resilient despite being the 
hardest hit by economic shocks and most heavily affected by disruptions to global 
supply chains.
1 https://www.un.org/en/observances/micro-small-medium-businesses-day
2 2021 PSA Updated List of Establishments


This bill declares every last week of June as National MSME Week to recognize 
the indispensable role of MSMEs in advancing sustainable development goals, 
achieving inclusive growth, encouraging innovation, and providing livelihood to local 
communities and to raise awareness on the contributions of MSMEs in the growth of 
national economy. It also designates Department of Trade and Industry (DTI) to 
conduct activities in line with the celebration of National MSME Week.
In view of the foregoing, the passage of this measure is earnestly sought.
N GATCHALIAN


NINETEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session
SENATE
S. B. No. 949
MO ^3
n£SeVE®BV,>
Introduced by SEN. WIN GATCHALIAN
AN ACT
DECLARING JUNE 27 TO JULY 2 OF EVERY YEAR AS THE "NATIONAL 
MICRO-, SMALL-, AND MEDIUM-ENTRPRISE (MSME) WEEK" IN THE 
ENTIRE COUNTRY, AND APPROPRIATING FUNDS THEREFOR
Be it enacted by the Senate and the House of Representatives of the Phiiippines 
in Congress assembied:
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SECTION 1. Short Tide. - This Act shall be known as tne "National Micro- 
Small-, and Medium-Enterprises (MSME) Week Ac::."
SEC. 2. Deciaration ofPoiicy. - To recognize the indispensable role of the 
private sector, especially MSMEs, in nation building and to encourage private 
enterprise and promote entrepreneurial spirit, the 27th day of June to 2nd day of 
July of every year is hereby declared as the "National MSME Week."
aims:
SEC. 3. Objectives of the Poiicy. - The declaration of National MSME Week
a) To recognize the significant role of MSMEs in advancing sustainable 
development goals, achieving inclusive growth, encouraging 
innovation, and providing livelihood to local and rural communities;
b) To raise awareness on the contributions of MSMEs in Increasing 
income among local households, in providing quality jobs to our


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people and in attaining recovery and growth of the national 
economy; and
c) To promote entrepreneurship, encourage more Filipino 
entrepreneurs to engage in local businesses and inspire them to 
continue to thrive amidst competition and economic uncertainties.
SEC. 4. Lead Agencies. - The Department of Trade and Industry (DTI), 
in consultation with and in partnership with other government agencies, and 
industry associations and organizations, shall conduct activities and programs 
that promote the principles and values of entrepreneurship, resiliency, 
innovation, creativity and competition, as well as those that underscore, honor 
and/or reward our MSMEs on their critical role in economic and social recovery, 
and for their significant contribution in nation building.
SEC. 5. Appropriations. - The amount necessary to carry out the 
provisions of this Act shall be included in the General Approoriations Act of the 
year following its enactment into law, and every year thereafter, as may be 
necessary.
SEC. 6. Impiementing Ruies and Regulations. - Within ninety (90) days 
from the effectivity of this Act, DTI shall promulgate the necessary implementing 
rules and regulations (IRR) to implement the provisions of this Act. Such IRR 
shall take effect immediately thereafter.
SEC. 7. Separability Clause. - If any provision of this Act Is declared 
invalid or unconstitutional, the provisions not affected thereby shall remain In 
full force and effect.
SEC. 8. Repealing Clause. - All laws, presidential decrees, executive 
orders, presidential proclamations, rules and regulations or parts thereof 
contrary to or inconsistent with this Act are hereby repealed or modified 
accordingly.


SEC. 9. Effectivity. -This Act shall take effect fifteen (15) days after its 
publication in the Official Gazette or in a newspaper of general circulation in the 
Philippines.
Approved,