Live Breaking News & Updates on O Prepare And Formulate Implement An Ncp The Neda Pcc Issued Through Joint Memorandum Circular No 01 2020s 2020 Is In Accordance With Strategic Outcomes Envisioned Under Updated Philippine Development Plan 2017 2022

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 ....

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