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This independent blog collects news about projects or achievements in regulatory reform / better regulation. It is edited by Charles H. Montin. All opinions expressed are given on a personal basis.
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02 August 2012

Less Red Tape, More Fun (Philippines)

A new definition of "fun." A recent official press release of the Philippines Government has announced that the Asian Development Bank (ADB), under its Strengthening Institutions for an Improved Investment Climate program, is supporting several ministries in a major crackdown on red tape, with a view to improving the economy's Doing Business ranking and competitiveness.
In the 2012 World Bank Global Survey, the Philippines ranked 136th out of 183 countries in terms of ease in doing business. It also ranked 158th in starting a business, 126th in getting credit; 113th in protecting investors, 136th in paying taxes and 51st in trading across the borders.
The Department of Tourism (DoT) is collaborating with the Department of Labor and Employment (DOLE) and the Department of Finance (DOF) in a program to minimize bureaucracy, which includes the development and implementation of a national strategy for regulatory impact assessment (RIA) in government. The program complements the government's 2006 move in creating the National Competitiveness Council (NCC) which is tasked to develop strategies and instill a culture of excellence through public-private sector collaboration.
Under the program, the three ministries will pilot-test the Regulatory Impact Assessment (RIA). This includes tours, seminars, and consultations to arrive at the most optimal regulation.
"Fun means easy, convenient, and hassle-free, which should be evident across the tourism value chain," Tourism Secretary Ramon Jimenez said in a statement.
Jimenez said the initiative is necessary if the tourism sector is to realize its full potential and regulations must be in line with the expectations and demands of all tourism stakeholders.
"In keeping with our campaign, we would like to take 'fun' to a deeper level to mean good governance and competitive offerings that practice good business and proper management," Jimenez said.
For more, see Manila Bulletin article of yesterday.

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