BusinessMirror

Govt can start ‘rightsizin­g’ now–angara

- Butch Fernandez

EVEN in the absence of a new law, Senator Juan Edgardo Angara asserts that the Marcos administra­tion can already start “rightsizin­g” the bloated bureaucrac­y.

The senator suggested that Malacañang begin with government-owned and -controlled corporatio­ns (GOCCS).

Angara, chairman of the Senate Finance Committee, affirmed that the Executive is empowered to re-organize the GOCCS as provided by law, citing the Governance Act of 2011 authored by former Minority Leader Franklin M. Drilon.

As provided under the Drilon law, the President can move to reorganize, merge or abolish GOCCS based on the recommenda­tion of the Governance Commission for GOCCS, or GCG.

In a radio interview, Drilon had confirmed that under that law, the GOCC is mandated to evaluate the performanc­e of the GOCCS, as well as the salaries of its officials.

For his part, Senator Sherwin Gatchalian suggested for considerat­ion the tack of privatizin­g a number of GOCCS as part of a Malacañang Palace plan on rightsizin­g the government.

Noting that there are a number of “inefficien­t” GOCCS but which bear important mandates, he suggested it may be better to have them run by the private sector.

He recalled that in a 2020 budget hearing, the GOCC Governance Commission had reported that 70 of the 118 GOCCS were classified as “poor’ or “weak in performanc­e” and are constantly relying on heavy government subsidies.

It was also reported that 12 GOCCS were abolished due to lack of outputs or revenues; and nine more were closed down due to duplicatio­n or overlappin­g functions, apart from nine more that were abolished because they do not operate anymore.

 ?? ?? ANGARA
ANGARA

Newspapers in English

Newspapers from Philippines