Support for Botika ng Bayan Project

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MEMORANDUM CIRCULAR NO. 166: Support for Botika ng Bayan Project

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Title Supreme Court: Support for Botika ng Bayan Project

Law: Memorandum Circular No. 166

Decision Date: Oct 20, 2008

The Botika ng Bayan (BnB) Project is a government initiative in the Philippines that aims to reduce the cost of medicine, improve access to healthcare, and promote the overall well-being of the Filipino population through the establishment of affordable community pharmacies.

botika ng bayan project

memorandum circular

government support

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Government’s Recognition of Economic Challenges

Acknowledges the rising cost of living due to high prices of goods and services.
Specifically highlights the increasing prices of medicines and health products as a concern.

Commitment to Good Governance and Public Welfare

Emphasizes the government’s commitment to address public needs through good governance.
Supports ensuring the availability of safe, effective, and affordable medicine to Filipinos.
Aligns the BnB Project with this commitment to reduce the cost of medicines.

Support for Collaborative Efforts to Lower Medicine Prices

Encourages support of initiatives related to minimizing medicine costs for the public.
Specifically endorses efforts by the Philippine Government Employees Association (PGEA) in partnership with the Philippine International Trading Corporation - Pharma, Inc. (PTIC-PI).
These efforts are integral to the success of the BnB Project.

Formalization and Enforcement

The memorandum circular is signed by the President and the Executive Secretary.
It carries the official seal of the Republic of the Philippines.
The date and place of issuance are formalized as October 20, 2008, in the City of Manila.

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