Europe-PH News

NEDA releases IRR for new Public Service Act

March 20, 2023

ECCP Online

Europe-PH News

The National Economic Development Authority has released the Implementing Rules and Regulations (IRR) of Republic Act No. 11659 or the Amendments to the Public Service Act (PSA) following extensive review and consultations with the public, legislators, relevant administrative agencies, and other key stakeholders said the agency in a official statement. 

“The implementation of policies on competition and regulatory efficiency necessitates comprehensive and transparent consultations with key stakeholders and legislators to ensure that these remain faithful to public interest,” NEDA Secretary Arsenio M. Balisacan said. 

“All 21 agencies, including NEDA, approved the Implementing Rules and Regulations of the amended Public Service Act. With the IRR already in place, we see this as a landmark reform that will further improve the country’s position as an ideal investment hub, which will help enhance employment opportunities and allow more Filipinos to benefit from more improved goods and services,” he added. 

You may view the guidelines via:

You may view the official statement via:

  • Europe-PH News

  • April 12, 2024

    Digitalization initiatives to drive financial services and employment opportunities in the PH

    Makati City, Philippines – The release of latest ... Read More

  • April 05, 2024

    Unleash Hell in Makati: The Ultimate MMA Festival Showdown at Kombat Sports Kalayaan!

    Get ready to witness the ultimate showdown as Kombat Spo... Read More

  • March 18, 2024

    Milestone Achieved: ECCP Celebrates Restart of EU-Philippines FTA Negotiations

    Manila, Philippines – The European Chamber of Commerce of the Phil... Read More