Bohol News Daily

DTI REPORTS ON EASE OF DOING BUSINESS REFORMS

Sec. Lopez calls on gov’t agencies to

“Execute, execute, execute” reform initiatives

 

The Department of Trade and Industry (DTI) announced during the 6th Ease of Doing Business (EODB) Summit on 13 June 2018 at the PICC in Pasay City that the government has already implemented nineteen reforms that it hopes will have an impact in the 2019 World Bank Doing Business Survey Report.

 

DTI Secretary Ramon Lopez, chair of the EODB/Anti-Red Tape Advisory Council, enumerated the following reform initiatives undertaken by various agencies that will have an impact on 7 out of 10 indicators of the DB Report.

 

These indicators include: (1) starting a business, (2) dealing with construction permits (3) getting electricity, (4) registering property, (5) protecting minority investors, (6) trading across borders, and (7) enforcing contracts.

 

The following reforms have been implemented:

The reforms implemented have resulted in the reduction in the processing time and steps on applications in Quezon City, the representative city monitored by the World Bank.

 

Sec. Lopez called all government agencies to implement fully these reforms identified by the EODB Task Force. He said: “Our thrust is to ‘Execute, execute, execute.’ We must continue to implement these reform initiatives and identify the obstacles to our progress.”

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Lopez noted that the recent passage of the EODB/Efficient Government Law or Republic Act No. 11032, should compel all agencies of government to comply with streamlining and reengineering. This he said, effectively broadens the scope of the interagency task force.