August 26, 2016 by jmconsult_user01 in Info 0 comments 704

The current Philippine Administration is bent on eradicating red tape in government offices. Pres. Rodrigo “Rody” Duterte’s first marching order upon taking office as the 16th President of the Philippines was to ease doing business in the Philippines. In his inaugural speech, Pres. Duterte says “There are policies and specifics that cannot wait for tomorrow”. He went on to say “I direct all department secretaries and the heads of agencies to reduce requirements and processing time of all applications from submission to release. I order all department secretaries and heads of agencies to remove redundant requirements and compliance with one agency shall be accepted as sufficient for all.”

On 1 August 2016, the Philippine government launched the President’s dial hotline 8888 for complaints against fixers, erring government officials and poor government services. 911 was also launched for emergency situations. These actions were lauded by the business sector, as the country hopes to improve its Doing Business ranking, notwithstanding the improvement from 148th to 103rd this year. The goal is to make it to the top third of the rankings which is around 63rd in the EODB rank. With these current undertakings by the Philippine government, the business sector hopes to attract more investors as the government processes in doing business will be streamlined. Case in point, to start a business an investor will have to go through 16 processes in approximately 34 days.

MOA Signing poster (Edit7)
 

The ultimate goal is to cut down these processes to 6 steps and 8 days laid out in a framework entered into by the different government agencies such as the Department of Finance, Department of Trade and Industry, Department of Interior and Local Government, Securities and Exchange Commission, Bureau of Internal Revenue, Social Security System, Philippine Health Insurance Corporation (PhilHealth), Home Development Mutual Fund (Pag-IBIG), Land Bank of the Philippines, Development Bank of the Philippines, National Competitiveness Council and the Quezon city Government.

Sources:
news.abs-cbn.com
businessmirror.com.ph
philippinechamber.com
gov.ph

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