Department of Trade and Industry Alfredo Pascual said the private sector has a crucial role to play in accelerating the adoption of digital technology in the country.
“In his State of the Nation Address this Monday, President Marcos laid out his economic plans for the country, emphasizing the importance of creating an enabling environment for the country’s digital transformation,” he said. “I believe the government will not be able to achieve its digital transformation goals on its own. The private sector, with its agile mindset and disposition has to play a key role, particularly in implementing the digital transformation of enterprises, both large and small as well as government itself,” Pascual said.
On the other hand, Pascual said the government has issued policies to encourage and enable investments in digital technology, which include Executive Order 170 s. 2022, or the Adoption of Digital Payments for Government Disbursements and Collections and Commission on Audit Circular No. 2021-014, or the Guidelines on the Use of e-Collection and e-Payment for Government Transactions.
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