Marcos reorganizes PPP Governing Board

Marcos reorganizes PPP Governing Board

Marcos reorganizes PPP Governing Board

President Ferdinand Marcos Jr. has reorganized the Public-Private Partnership Governing Board (PPPGB) in a bid to spice up personal sector participation in big-ticket tasks of the federal government.

In a press release on Saturday, the Presidential Communications Office (PCO) mentioned Marcos issued Executive Order No. 30, which reorganized the composition of the PPPGB.

The newest EO, signed June 2, 2023, titled “Strengthening Private Sector Participation in the Public-Private Partnership Governing Board Established Under Executive Order No. 136 (S. 2013), and Further Amending EO No. 8 (S. 2010), As Amended, For the Purpose,” states that there’s a have to make adjustments in view of the reorganization of the National Competitive Council (NCC), in keeping with the PCO.

In specific, the EO No. 8 reorganized the Build-Operate-Transfer Center and renamed it because the PPP Center, an connected company to the National Economic and Development Authority (NEDA) mandated to function the central coordinating and monitoring company for all PPP tasks within the nation.

Meanwhile, underneath Section 3A of EO No. 8, the personal sector co-chairperson of the NCC is likely one of the members of the PPPGB.

However, the PCO mentioned the EO No. 30 mentioned that Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 “reorganized the NCC as the Ease of Doing Business and Anti-Red Tape Advisory Council, rendering the position of the Private Sector Co-Chairperson of the NCC inexistent.”

As the general policy-making physique for all PPP-related issues, together with the Project Development and Monitoring Fund (PDMF), EO No. 30 states that the PPPGB may even be accountable “for setting the strategic direction of the PPP Program and creating an enabling policy and institutional environment for PPP,” in keeping with the PCO.

The Palace mentioned that the PPPGB might be composed of the Socio-Economic Planning secretary as chairperson, Secretary of Finance as vice chairperson, and with the Secretaries of Finance, Budget and Management, Justice, Trade and Industry, and Executive Secretary as its members.

The EO additionally mentioned that one consultant from the personal sector, “coming from a reputable organization in the banking, business, or infrastructure sector,” can be appointed by the President.

“The private sector representative shall promptly notify the PPPGB of any actual, perceived, or potential conflict of interest which could affect the performance of his/her duties as a member of the Governing Board,” the EO added.

The PCO, citing the EO, mentioned the chairperson and three different members of the Board shall represent a quorum and a majority vote of the members current shall be needed for the adoption of any issuance, order, decision, determination, or different acts of the Board within the train of its capabilities.

“Except as expressly modified by this Order, all other provisions of EO No. 8, as amended, shall remain in full force and effect,” the order learn. —KG, GMA Integrated News

Source: www.gmanetwork.com