MANILA, Philippines — The government’s practice of tapping the little-known state-run trading firm Philippine International Trading Corporation (PITC) in procuring goods and products should be “revisited and stopped,” according to Senator Panfilo Lacson.
This as the lawmaker has questioned the existence of PITC, which, he thinks, may have already “outlived its purpose.”
Lacson said a review of such government habit could save it some “unnecessary expenses amounting to billions of pesos in delays and commissions or service fees.”
“Initially, it was only used to circumvent the procurement of medicines, especially for emergency needs. But later, it has expanded into the procureme…
Keep on reading: Lacson: Gov’t use of PITC in procurement must be ‘revisited and stopped’