The humble piggy-bank
Monday, September 15, 2014
At the time my massive weekly allowance amounted to P3.00!
I was seven years old. I had planned my spending of my P3,00 each week to get the maximum amount of sweets I could. My shopping list was as follows:
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...