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Panel OKs 2 bills expanding role of PITC as gov't stockpile supply chain manager


Published December 12, 2020, 11:58 AM
The House Committee on Government Enterprises and Privatization has approved two measures seeking to expand the role of the Philippine International Trading Corp. to serve as the government’s stockpile supply chain manager of strategic and critical materials needed in times of national emergency or natural disasters.
In a virtual meeting, the House panel approved the motion of Bataan Rep. Jose Enrique “Joet” Garcia III to approve House Bills 6667 and 6644, principally authored by Aklan Rep. Teodorico Haresco Jr. and Isabela Rep. Alyssa Sheena Tan, respectively.
The measures seek to amend Presidential Decree 252, otherwise known as the PITC Law, as amended by PD 1071, or the law revising the charter of the PITC. ....

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