National Economic and Development Authority Secretary Arsenio Balisacan (File photo) MANILA - The Cabinet-level Committee on the Build-Operate-Transfer (BOT) Implementing Rules and Regulations (IRR) has approved the proposed amendments to the 2022 IRR of the BOT Law during its meeting held on Sept. 15. During the meeting presided over by National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan, members of the BOT IRR Committee deliberated on each of the proposed amendments to determine and ensure the viability of public-private partnership (PPP) projects and their contribution to the government's goals. "We have to ensure that the amendments will address stakeholder concerns on financial viability and bankability of PPP projects. Likewise, we need to make sure that ambiguous provisions are revised, as these are risky for the government, given that they can cause delays in the processing and implementation of PPP projects. Lastly, these amendments should b