Duration:
Jan 03, 2022 to Dec 29, 2022
Funding Agency:
Philippine Institute for Development Studies
Focus Area(s):
Trade and Industry, and International Economy

The passage of the Public Service Act amendment will effectively liberalize key sectors of the economy. With the lifting of foreign equity limits, greater services trade via the establishment of commercial presence is expected to be a catalyst for improving the quality and availability of infrastructure services that have been declassified as public utilities, such as telecommunications and transport services (except public utility vehicles). The potential gains from liberalization could be negated however by the lack of sound regulations and institutions which are especially important for ensuring good quality infrastructure services. As such, the government must ensure greater coherence and coordination between domestic policymaking, regulation, and trade liberalization (UNCTAD, 2020a). In a dynamic sector such as information communications technology (ICT) there is a need to update the regulatory framework for telecommunications which underpins the ICT sector and digital economy more broadly. The main objective of the paper is to update the structure and elements of the regulatory environment for ICT, including the regulatory authority.

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