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A bill allowing the government to stockpile critical medical supplies and drugs for public health emergencies was expedited by the House of Representatives Ways and Means Committee on Monday, April 26, 2021.
The proposed “Health Procurement and Stockpiling Act” seeks to create a bureau under the Department of Health and provide a medical stockpiling fund to make sure the supply of important medical devices and drugs for healthcare emergencies is steady.
Under the new bill, the DOH will be allowed to receive tax and fee-exempt donations.
The Department of Finance, however, recommended to lawmakers that the fund be managed by the Bureau of Treasury instead of the DOH.
The critical functions of the bureau include the following (via Inquirer):
“The importance of passing this measure cannot be over-emphasized. We are already experiencing a shortage of medicines and vaccines; this legislation will definitely be a remedy for our struggling supply chain,” said House Health Committee Chairman and Quezon Rep. Helen Tan. (via CNN Philippines)
SOURCE: CNN Philippines, Inquirer
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