PRESIDENT Ferdinand Marcos Jr. has tasked various government agencies to put safeguards in place once the country starts to implement
“There will still be an element of accreditation because we cannot just open the market to anything…. you buy something, you get nothing. A box with nothing inside,” President Marcos said during a sectoral meeting in Malacañang.
The Department of Budget and Management eyes amendments to the Government Procurement Reform Act to address issues of underspending that slowed down the country’s economic growth. The President also warned about the possibility of overpricing, which would affect products and equipment through the digital platform.
“We know that… goods that might be overpriced. There are already some exploitation of market power by preventing competitors from coming in,” Balisacan said.
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