NEDA expects faster rollout of major infrastructure projects

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NEDA expects faster rollout of major infrastructure projects
Philippines Latest News,Philippines Headlines
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The National Economic and Development Authority said it expects faster rollout of major infrastructure projects following the signing of an executive order by President Ferdinand Marcos Jr.

NEDA Secretary Arsenio Balisacan said the EO would support the goals of the Philippine Development Plan 2023-2028 by expanding and upgrading the country’s infrastructure sector as part of the government’s efforts towards social and economic transformation. EO 59 introduces several critical changes, simplifying the requirements for the NEDA Board-approved list of IFPs. It also directs national government agencies and local government units to review their citizen’s charters, aiming to eliminate redundant and cumbersome procedures.“The primary goal of this EO is to minimize, if not eliminate, delays in the implementation of IFPs.

It also encourages a whole-of-government approach by mandating NGAs to automate and computerize their databases. This move promotes data sharing among government entities, eliminating unnecessary document duplication.

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