The Philippine Retirement Authority (PRA) was officially turned over to Department of Tourism (DoT) as an attached agency, from the Board of Investments of the Department of Trade and Industry (DTI), during rites held in Malacañang recently.
The ceremony was attended by Tourism Secretary Ace Durano, out-going DTI Secretary Peter Favila, and PRA Chairman Edgar Aglipay.
Durano said that the move was made in accordance with Republic Act 9593, also known as the national Tourism Policy Act.
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