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PRESIDENT Ferdinand “Bongbong” Marcos Jr. signed into law on Saturday, July 20, 2024, two new measures aimed at attaining a strong, responsive and efficient bureaucracy, and establishing safeguards for the financial rights and welfare of Filipinos.Two days before his third State of the Nation Address , Marcos signed into law the New Government Procurement Act and the Anti-Financial Account Scamming Act .The NGPA, which updated the Government Procurement Reform Act or Republic Act No.
“Another important feature is the conduct of Strategic Procurement Planning, which mandates more detailed and purposeful planning to increase the success rates of procurement transactions,” he added.Marcos said the NGPA also demonstrates the country’s commitment to addressing the worsening pollution and challenges of climate change, as it includes sustainable and green public procurement practices.
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