Webb25 nov. 2024 · The PITC is getting service fees ranging from 1 to 4 percent to cover the operations cost of the state trading firm, he added. He said its attached agency does not get any budget, but contributes to the national coffer as 50 percent of its income is remitted to the national treasury while the remaining 50 percent is spent for operations. Webb24 aug. 2024 · The PITC became controversial last year after senators—citing state auditors’ findings—said it is keeping around P33 billion in idle funds from various government agencies’ procurement outlays in an apparent bid to skirt budget requirements to return monies to the Treasury when these remain unspent within the year.
Manila Standard - 2024 April 15 - Saturday by Manila Standard
WebbThe Philippine International Trading Corp. (PITC) is open to proposals for a review of its mandate following allegations it is being used by agencies to skirt budget rules. #MalayaBusinessInsight... Webb30 nov. 2024 · 4. SENATE Minority Leader Franklin Drilon over the weekend sought the abolition of the state-run Philippine International Trading Corp. (PITC), saying existing government agencies already have ... songs similar to heathens
AgriNurture partners with PITC to import raw materials for
Webb11 nov. 2024 · The current Philippine Consul General is Hon. Orontes “Ron” V. Castro, who recently assumed his diplomatic post last September 17th, 2024, replacing Consul General Rosalita S. Prospero who passed away in May 2024. Consul General Castro was the Deputy Consul General at the Philippine Consulate in Chicago from 2007 to 2013. Webb27 aug. 2024 · Senate Minority Leader Franklin Drilon on Thursday urged the Philippine International Trading Corp. (PITC), and other agencies that have kept funds idle, to return to the treasury all funds it has kept on behalf of other government agencies to be used to support the government’s response to COVID-19 pandemic. WebbMANILA (UPDATE) - Finance Secretary Carlos Dominguez has asked the Department of Trade and Industry (DTI) to return to the Bureau of Treasury some P1.5 billion in interest … small fruit cake recipe uk