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About NCC
About NCC
In October 2006, the Public-Private Sector Task Force on Philippine Competitiveness was created by virtue of Presidential Executive Order No. 571 to promote and develop national competitiveness. In June 2011, President Aquino issued Executive Order No. 44 amending E.O. 571, renaming the Task Force as the National Competitiveness Council, and expanding its membership.
Vision/Mission
The NCC envisions a more competitive Philippines, and to instill a culture of excellence, through public-private sector collaboration as means to reduce poverty through inclusive growth. This is made possible through implementation of the action agenda with private sector initiatives that support public policies.
Mandate
The NCC, by the virtue of Executive Order No. 44, is mandated to promote and develop strategies and push for the implementation of the Action Agenda for Competitiveness, and link it to the Philippine Development Plan (PDP). The powers and functions vested in the NCC include:
- Advise the President on policy matters affecting competitiveness of the business sector;
- Act as the primary body that will strategize and execute steps to improve country's global competitiveness ranking;
- Coordinate, monitor, and ensure the implementation of key policy improvement processes identified as being closely associated with global competitiveness;
- Recommend to Congress, through the Economic Development Cluster, proposed legislations that may contribute to Philippine competitiveness;
- Provide inputs to the PDP, Philippine Investments Priority Plan (PIPP), and Philippine Exports Priority Plan (PEPP);
- Serve as a primary collection point of investor issues that need to be addressed in order to imrpove competitiveness in the industry, services, and agricultural sectors.
NCC Metrics
- Higher FDI (new investments of 3-4% of GDP), from US$1.7 billion in 2010
- Double export growth to US$120 billion by 2016 with new products and services to account for 30% of exports
- GDP Growth of 7-8% per year
- Job Growth/Lower Unemployment
- Lower Poverty Incidence: 26.5% in 2009 to 16.6% by 2015
- Growing C socioeconomic class (currently 8.6%); shrinking DE class (currently 91%)