Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno highlighted the need for reforms in the country’s information and communication technology (ICT) infrastructure to help in the government’s post-Covid-19 programs.
In a speech during the Manila Times online forum on Monday, Diokno said improving the country’s ICT infrastructure system and processes “will play a pivotal role in reshaping the means of production and the delivery of goods and services in the post-Covid world.”
He said digital technology “will also be critical in enabling simpler and more efficient transactions with government agencies” and other processes like online retail, online banking, online medical consultations, and digital payments.
“All these need to be supported by a safe and reliable digital infrastructure system with robust and dependable cybersecurity protection,” he said.
Diokno said reform in the country’s ICT infrastructure sector is just one of many structural reforms that need greater attention.
The others include the modernization of the health system to ensure efficient public health infrastructure and resilient crisis preparedness program, the modernization of the agriculture and government’s supply chain management system, and the development of a highly-skilled and resilient workforce.