Too many laws spoil PH competitiveness: NCC | ABS-CBN

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Too many laws spoil PH competitiveness: NCC

Too many laws spoil PH competitiveness: NCC

Warren de Guzman,

ABS-CBN News

 | 

Updated Jun 08, 2016 03:00 PM PHT

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Congress should repeal old laws, says Bill Luz


Bill Luz. File

MANILA - The National Competitiveness Council (NCC) wants to push for the repeal of thousands of departmental circulars and orders and even laws to accelerate improvements in ease of doing business in the country.

"We want Congress to repeal old laws: it is called Project Repeal. There are just too many regulations that complicate the system," NCC co-chair for the private sector Bill Luz said on Tuesday.

Luz said they just started the initiative eight weeks ago, but they have already received 14,000 proposals for rules and regulations to be repealed.

They will be ready to unveil 3,000 proposals for repeal as early as July 13.

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Luz said the incoming Duterte administration has been informed of their project and has voiced support for it.

Over the last few years, the Philippines has seen the largest improvement in ease of doing business across the ASEAN with a net gain of 45 spots in the rankings.

The NCC hopes to continue the improvements with its new game plan.

In World Bank's latest Ease of Doing Business ranking, the Philippines placed 103rd, down from last year's revised ranking of 97th place.

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