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Press Release Office of Deputy Speaker and Batangas Rep. Ralph G. Recto 30 August 2022 PS-DBM’s twin, PITC, with P14 B in undelivered orders, must be reformed, too The PS-DBM’s “controversial twin”, the Philippine International Trading Corp., should also be “disenfranchised as a

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto When it comes to public spending, the problem is not in budget authorization, or when Congress approves the budget, but in budget execution, when agencies spend the budget given to them. The budget is supposed to

BBM should end ‘pasa-buy’ procurement, dismantle ‘parking lots’ Press Release 10 August 2022 If it wants faster delivery of critical projects and equipment, the Marcos administration must end the “pasa-buy” scheme in government purchases which has created

The institutionalization of “pasa-buy” in government purchases has transformed two agencies into “mega parking lots of funds” which, despite years-long delays in delivering the goods and projects they were contracted to buy, still raked in hundreds of millions in commissions.

Proposed funding in the 2021 national budget for the purchase and delivery of coronavirus vaccine will cover only 1 in 5 Filipinos, and that is based on the tentative price of the cheapest vaccine being developed, Senate President Pro Tempore Ralph Recto said today. Compounding

If the DTI-attached Philippine International Trading Corporation (PITC) is the designated COVID-19 vaccine buyer, then it should waive its customary 1 percent to 4 percent service fee. This is not the time to reap a pandemic windfall. When private corporations are waiving fees

President Duterte’s promises of new equipment for “his beloved uniformed services” are being betrayed by the Philippine International Trading Corporation’s (PITC) “failure to deliver them on time or deliver them at all.” The intent of another branch of government – Congress –