The Governance of Basic Education Act of 2001 aims to ensure all Filipino children receive quality basic education, including free and compulsory elementary education and alternative learning systems for out-of-school youth and adults. It establishes a framework for educational governance at national, regional, and local levels, defining roles and responsibilities for various education officials while promoting local initiatives for school improvement. Additionally, the act outlines provisions for educational standards, resources allocation, and the abolition of certain departments, resulting in a comprehensive restructuring of the education sector.