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DOF orders PCIC to only implement demand-driven foreign-supported projects

May 19, 2022 - Thursday 8:05 PM by GDM

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Finance Secretary Carlos Dominguez III said Thursday he has instructed the Philippine Crop Insurance Corp. (PCIC) to ensure that its projects supported by foreign grants and loans are actually  "demand-driven” and would benefit the agency and the farmers it is tasked to serve. 
 
In a statement, Dominguez also said he directed the Bureau of the Treasury (BTr) to coordinate with the Department of Budget and Management (DBM) in determining how to rationalize the budget of the PCIC to reduce its financial strain for next year’s budget.  
 
Dominguez said the PCIC, as well as other government offices, should stop the practice of allowing foreign consultants to offer projects that would serve the personal interests of these foreigners rather than the interests of the agencies.
 
In the future, the implementation and financing of projects should be determined by the PCIC board, Dominguez said. 
 
“We are the ones who determine what we need and we will be the one to select the funding,” said Dominguez, who chairs the PCIC Board. “So in the future, you will reject any approach that is not generated by this Board.”
 
Dominguez pointed out that some projects offered by foreign consultants do not benefit the PCIC or other government agencies, but end up serving the consultants’ personal interests. 
 
He suggested that all PCIC personnel be required to report any offers of foreign travel, vehicles, additional compensation, or other perks associated with implementing projects offered by consultants. 
 
Agriculture Undersecretary Fermin Adriano agreed with Dominguez, and said this was among the reasons many projects do not proceed after the pilot stages of their implementation.

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