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Tuesday, August 29, 2006
Council to oversee action program to make RP more competitive
THE National Competitiveness Summit on September 29 is expected to organize a council that will see to it that decisions and actions promised by participants will actually be done.
The mandate to form a council similar to the chief planning body and overseer of the export sector, the Export Development Council (EDC), formed part of Executive Order 557 (EO) recently issued by President Gloria Macapagal-Arroyo.
Task forces that will be assigned to work full-time in advancing programs to solve problems that have grounded the country's ability to win markets and investments would be working under the council.
Members of the task forces are to be picked from the different economic management arms of government, augmented by volunteers from the private sector.
The first of the task forces - on anti-red tape - was formed specifically with the latest executive order to be chaired by the trade secretary and whose full-time operations officer will be named out of the staff of the Export Development Council secretariat.
Similar task forces are expected to handle the issues on high electric rates, lack of pivotal infrastructure, issues on financing micro, small and medium enterprises and other key issues that the summit participants will put top priority on, as a result of the September summit. (Abe P. Belena/Philexport News and Features/Sunnex)
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