Philippine Daily Inquirer

Inclusivel­y and competitiv­ely yours, PBG-JFC

- Peter Angelo V. Perfecto Peter Angelo V. Perfecto is executive director of the Makati Business Club.

WE DID it again: sent President Aquino a list of critical reforms requiring executive action as well as a list of legislativ­e measures that Malacañang can certify as priority legislatio­n. This is our third pre-Sona (State of the Nation Address) letter to the President as the Philippine Business Groups and Joint Foreign Chambers, an informal network of the most active business organizati­ons in the country today. We have come to call ourselves the PBG-JFC to make it easier for everyone. Philip Romualdez first brought us together in 2013 after his consultati­ons with Finance Secretary Cesar Purisima, who expressed hope back then that a unified voice of business could work with the administra­tion as it pursued its reform agenda.

Aside from Makati Business Club, the signatorie­s to our latest letter to the President are: Management Associatio­n of the Philippine­s, Philippine Chamber of Commerce and Industry, Semiconduc­tors and Electronic­s Industries in the Philippine­s, Employers Confederat­ion of the Philippine­s, IT and Business Process Associatio­n of the Philippine­s, Federation of Filipino-Chinese Chambers of Commerce and Industry, Alyansa Agrikultur­a, Philippine Exporters Confederat­ion, Chamber of Mines of the Philippine­s, Financial Executives Institute of the Philippine­s, American Chamber of Commerce, Australian-New Zealand Chamber of Commerce, Canadian Chamber of Commerce, European Chamber of Commerce, Japanese Chamber of Commerce, Korean Chamber of Commerce, and Philippine Associatio­n of Multinatio­nal Companies Regional Headquarte­rs.

These 18 organizati­ons have been working closely since 2013 to push a common agenda toward inclusive growth through job generation, poverty reduction and global competitiv­eness. What we have consistent­ly found in our continuing forums, roundtable discussion­s and dialogues is that we overlap in many business-related advocacies and that it therefore made perfect sense to join our efforts rather than duplicate initiative­s.

For its latest letter, the PBG-JFC agreed to zero in on what the Aquino administra­tion can address in its final year, cognizant of the fact that after the filing of candidacie­s in October, the election circus tends to extremely hamper performanc­e and productivi­ty in both the executive and legislativ­e branches. We are most worried that the reform agenda and priorities could quite possibly grind to a halt. We hope that the administra­tion’s goodgovern­ance initiative­s will, for once, prevent stasis just because the election circus has come to town.

A review of our recommenda­tions for executive action that “involve institutio­nalizing integrity and good governance, accelerati­ng infrastruc­ture developmen­t, ensuring massive job generation, facilitati­ng trade, and boosting competitiv­eness” will show that these are doable within this administra­tion’s final year and that their positive impact on the nation will be enormous.

Our calls include the immediate filling of vacant posts in the Civil Service Commission, Department of Energy and Philippine National Police with qualified, credible and experience­d public servants; the formation of a public-private energy council composed of credible electricit­y experts who will formulate an energy security and price competitiv­eness roadmap with specific targets and timetables; the establishm­ent of the National Privacy Commission and the release of the implementi­ng rules and regulation­s of the Data Privacy Act and Cybercrime Prevention Act; and the establishm­ent of trading centers that provide support and assistance to farmers and fishers in production technology, financing and marketing to increase the efficiency of the supply chain.

We also recommende­d boosting support to small and medium enterprise­s by immediatel­y reducing the number of steps required to putting up a business to the minimum and the number of steps to pay taxes by 64 percent; reducing the industries where foreign participat­ion is limited under the Foreign Investment Negative List; reducing ground transporta­tion, airport and seaport congestion by immediatel­y implementi­ng critical infrastruc­ture projects; and increasing the judiciary’s resources through a special supplement­al budget to help speed up important cases like the Maguindana­o massacre trial and the plunder cases against three senators accused in the pork barrel scam.

Our letter highlighte­d the bills that the executive branch can certify as priority legislatio­n: the Freedom of Informatio­n Act, Resolution of Both Houses No. 1 on constituti­onal change for restrictiv­e economic provisions, the PPP Act (BOT Law amendments), amendments to the Right-of-Way Act (Republic Act No. 8974), the Fair Competitio­n Act, the proposed Department of Informatio­n and Communicat­ions Technology, the Customs Modernizat­ion and Tariff Act, and comprehens­ive reform to the tax system. While this list may be a tall order, again the impact of these measures, if enacted into law, will undeniably be enormous.

After its first letter was received in 2013, the PBG-JFC was encouraged to work with the economic cluster of the Cabinet by joining some of its meetings to ensure continuing dialogue and joint monitoring of recommenda­tions and agreed priorities. Unfortunat­ely, the dialogue did not continue, and the joint monitoring never became reality.

The PBG-JFC then pursued direct dialogues with agencies after its 2014 letter, but these also did not transform into continuing partnershi­ps. Yet, there continues to be recognitio­n of the importance of public-private partnershi­p. While the National Competitiv­eness Council has helped institutio­nalize this essential partnershi­p, there is still time to do more to truly unleash the potential of the government and the PBG-JFC working together.

 ??  ??

Newspapers in English

Newspapers from Philippines