The Palace is confident Congress will approve amendments to the Government Procurement Law to allow local government units (LGUs) to purchase COVID-19 vaccines.
Presidential spokesperson Harry Roque stated that legislative action is needed because the current procurement law prohibits advance payments before delivery, which some pharmaceutical firms require.
Roque mentioned that the Senate and the House of Representatives have received proposals to amend the law, and Vaccine Czar Carlito Galvez Jr. is working on a draft certification to make the bill urgent.
He also noted that a significant portion of the P82-billion budget for vaccine procurement comes from international financial institutions like the Asian Development Bank, World Bank, and Asian Infrastructure Investment Bank.
The national government assures it will not hinder LGUs' initiatives to secure vaccines for their residents.
Roque anticipates that allowing advance payments will increase the overall supply of COVID-19 vaccines available in the country.
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