Sen. Joel Villanueva has lamented the decision of the Department of Budget and Management (DBM) to reject the request of NEDA to allocate P300 million for the Innovation Fund.
Acting socio-economic planning secretary and NEDA chief Karl Kendrick Chua said the government must be the one to provide the direction and impetus for innovation to prosper.
The National Economic and Development Authority (NEDA) has stressed the importance of using digital technologies to ensure price stability and support the agriculture value chain necessary to help build consumer confidence and gradual recovery of the domestic economy.
The National Economic and Development Authority (NEDA) has stressed the important role of online learning programs in providing opportunities and creating jobs for Filipinos amid the Covid-19 pandemic.
NEDA is recommending the revisit of the Electronic Commerce Act of 2000 to make it more comprehensive in detailing transactions covered by the law, specifying the rights of consumers, and strengthening the penalties imposed on service providers.
The Supply Chain Analytics (SCAn) Dashboard and the Incident Reporter mobile app are intended to address the complaints by stakeholders on the movement of goods during the pandemic.
Acting NEDA chief Karl Kendrick Chua pointed out that a number of structural reforms should be put in place as he noted that the academe and the technology industry have helped government by providing technological and ICT solutions to address a number of issues related to the government’s Covid-19 response.
The project aims to get rid of corruption at the agency by improving its efficiency and transparency through the use of ICT consistent with international standards.