PHL to host int’l procurement summit

THE PHILIPPINES is set to host an international summit on public procurement that will be attended by various representatives from the East Asia and Pacific region, the Department of Budget and Management (DBM) said.

In a statement, the DBM said the International Public Procurement Conference is scheduled from April 28 to 30 in Manila.

“Procurement is a major activity in government which is crucial for ensuring efficient and effective service delivery to our citizens. And with the implementation of the New Government Procurement Act (NGPA), signed into law by President Bongbong Marcos last year, we have introduced a progressive measure that promotes greater efficiency in the implementation of projects and purchase of goods and supplies,” Budget Secretary Amenah F. Pangandaman said.

The DBM said at least 150 participants are joining the conference, consisting of procuring authority heads and representatives from 15 countries.

The New Government Procurement Act implementing rules and regulations was approved and finalized in a meeting led by the DBM and the Government Procurement Policy Board’s Technical Support Office on Feb. 4. — Aubrey Rose A. Inosante