Wednesday, August 5, 2020

Albay Rep. Salceda Seeks To Correct “Regulatory Capture”


Albay Representative Joey Salceda is seeking to introduce a “flurry of proposals” to combat regulatory capture in government agencies and support President Rodrigo Duterte’s anti-corruption drive.

In an aide-memoire sent to Speaker Alan Peter Cayetano on Monday, Salceda said he would study proposals that would promote “regulatory recovery”, which is a process of reclaiming regulatory agencies that have been corrupted by special interests or that have become too closely aligned with the sectors it sought to regulate.

Regulatory capture is defined by economists as a case wherein regulatory agencies are dominated by private interests that they are supposed to regulate.

“The Regulatory Recovery Project of this office will be characterized by “Bill, Bill, Bill,” a flurry of proposals to reform agencies where entanglement with vested interests is structurally embedded or contracted from inception,” Salceda said.

Salceda, chairman of the House Ways and Means Committee, made the proposal in light of the recent Forbes article titled “Duterte Is Turning Philippines Into a More Corrupt and Less Democratic State”.

The Bicol lawmaker slammed the Jan. 24 article for its claim that the Philippines has become “more corrupt” under Duterte’s leadership.

He argued the article’s basis—the Corruption Perceptions Index—is a “highly subjective and simplistic measure” that does not fully take into account the situation on the ground.

He also said the article has been written by “just another foreigner with very little real understanding of the Philippine situation, not to mention any significant grasp of even the most basic facts about the country.”

“The article portrays the country as an oppressed nation with an ineffective and possibly corrupt leader, when the same leader is enjoying record high popularity from the only people whose opinions of his government matter to him – the Filipino people,” he said. (PNA)

- Advertisement -
- Advertisement -

Latest News

Sen. Gatchalian Pushes For ‘Education In The Better Normal’ Law

"Sa pamamagitan ng ating panukalang i-angat ang dekalidad na edukasyon sa ilalim ng better normal, mas mabibigyan natin ng kasiguruhan na ang programang ito ay maisasakatuparan sa mga susunod na taon."

Sec. Año: Quarantine Passes ‘Required’ In Areas Reverted To MECQ

Quarantine passes are required anew following the reversion of other areas to MECQ.

Sec. Tugade Heads Virtual Signing Of Contract Packages For PNR Clark Phase 2 Construction

The country’s first airport railway express service will soon start construction as the first 2 contract packages for the project were signed over the weekend.

Spox. Roque: Return To MECQ ‘Right Direction’

Naniniwala ka bang tama ang pag-balik ng Metro Manila sa MECQ?

Mayor Isko Launches Free Wi-Fi Digital Kiosks Along España

According to Mayor Isko, this is actually an old project that has been constantly postponed due to the pandemic.

Sen. Go Opens 76th Malasakit Center In Cabanatuan, Nueva Ecija

Go recently launched the Malasakit Center in Cabanatuan City, Nueva Ecija―the second in the province and 38th in Luzon.

Pres. Duterte Reverts NCR, Other Areas To MECQ

NCR returns to the modified enhanced community status after the medical frontliners' recommendation. Here's what you need to know:

Spox. Roque: No Reason To Celebrate, UP’s COVID-19 Forecast Happened

“The forecast happened and I see no reason why we should celebrate. It’s very sad.”

Sec. Nograles: Gov’t Extends #GoodbyeGutom Caravan To The Cordilleras

More Filipinos are now going to benefit from the government's anti-hunger and anti-poverty programs.