Page 21 - PNM General Election 2020 Manifesto

improving taxpayer compliance and minimizing PROCUREMENT
revenue leakage. The TTRA is designed to provide
a significant increase in revenue collection to any The Office of the Procurement Regulator is now
Administration in Government, in the billions of fully staffed and has established a comprehensive
dollars. This is awaiting Parliamentary approval database on procurement. Capacity building
since it requires a special majority. continues apace to establish the required
procurement units in ministries and state
SALES OF ASSETS & PUBLIC OWNERSHIP OF agencies. to implement the Public Procurement
STATE ENTERPRISES Act. After considerable dialogue with the
Regulator, the Regulations necessary to
operationalize the Act have been finalized and will
be enacted early in our next Term.

Consistent with its policy of the widest possible
public participation in the ownership of key state
enterprises, the PNM offered and sold shares
through transparent public offerings in TTNLGL PERSONAL ALLOWANCE AT AIRPORTS
and First Citizens to the public. In both cases there
are good dividends and significant capital The PNM increased the Allowance for Personal
appreciation. Goods at airports from $3,000 to $5,000.

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PNM THE RIGHT CHOICE ON AUGUST 10 People’s National Movement Manifesto 2020