O Create An Enabling And Supportive Economic Environment Witha Strong Credible Competition Policy That Will Level The Playing Field Encourage More Investments Ao 44 Recognizes Adverse Effects Of Covid 19 Pandemic To Economy Require Swift Government Actions Maintain Market Efficiency Stimulate Recovery Quot Effective National Is Key In Ensuring Responses Interventions Follow Principles Order Address Failures Distortions May Arise From Crisis News Today : Breaking News, Live Updates & Top Stories | Vimarsana
President Rodrigo Duterte (File photo) MANILA - President Rodrigo R. Duterte on Tuesday signed an administrative order (AO) directing the adoption and implementation of the National Competition Policy (NCP). AO 44 is consistent with Republic Act No. (RA) 10667 which provides that the State shall establish a NCP to be implemented by the national government and all of its political agencies. RA 10667 mandates the Philippine Competition Commission (PCC) to assist the National Economic and Development Authority (NEDA), in consultation with relevant government agencies and sectors, to prepare and formulate and implement a NCP. The NEDA and PCC issued the NCP through NEDA-PCC Joint Memorandum Circular No. 01-2020 (s. 2020). The NCP is in accordance with the strategic outcomes envisioned under the updated Philippine Development Plan 2017-2022, to create an enabling and supportive economic environment with a strong and credible competition policy that will level the playing field and encourage
President Rodrigo Duterte (File photo) MANILA - President Rodrigo R. Duterte on Tuesday signed an administrative order (AO) directing the adoption and implementation of the National Competition Policy (NCP). AO 44 is consistent with Republic Act No. (RA) 10667 which provides that the State shall establish a NCP to be implemented by the national government and all of its political agencies. RA 10667 mandates the Philippine Competition Commission (PCC) to assist the National Economic and Development Authority (NEDA), in consultation with relevant government agencies and sectors, to prepare and formulate and implement an NCP. The NEDA and PCC issued the NCP through NEDA-PCC Joint Memorandum Circular No. 01-2020 (s. 2020). The NCP is in accordance with the strategic outcomes envisioned under the updated Philippine Development Plan 2017-2022, to create an enabling and supportive economic environment with a strong and credible competition policy that will level the playing field and encourag