18 December 2019 – Since climbing the 95th spot on the 2020 Ease of Doing (EODB) Survey, the Anti-Red Tape Authority (ARTA) targets the 47th spot for the Philippines on the 2021 cycle of the Doing Business (DB) survey administered by the World Bank-International Finance Corporation.

During the Ease of Doing Business forum, Director General Jeremiah Belgica shared his optimism as ARTA takes full responsibility of the Doing Business reforms which was previously handled by the Department of Trade and Industry.

“We accept this challenge of creating meaningful and long-lasting reforms that would affect not only our rankings, but also improve the lives of Filipinos”, ARTA Czar Belgica said.

In the World Bank 2020 Doing Business Report, the Philippines ranked 95th out of 190 economies, an improvement of 29 notches from the country’s 124th rank during the 2019 survey. The improvement was due to the reforms on the Starting a Business, Dealing with Construction Permits, and Protecting Minority Investors indicators.

To further improve its current standing, ARTA is focusing on reforms on the Starting a Business indicator through the development of National Business One Stop Shop and Program NEHEMIA (National Effort on the Harmonization of Efficient Measures of Inter-related Agencies), both of which focus on reducing regulatory burden to the people by improving the agencies’ systems and processes.

“To create more opportunities for the business sector and the public, we have to make government service quick and accessible. We need a change in mindset in the way we do things”, Director General Belgica ended.

The EODB Forum highlighted the current reform initiatives of government agencies in improving their services to the public, whilst contributing to the country’s improved ranking.

Meanwhile, the DB report measures the ease of doing business across 190 economies through these ten indicators: Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading Across Borders, Enforcing Contracts, Resolving Insolvency and Contracting with the Government”, the last being the new addition to the DB 2021 Report.

[END]