   According to OECD, the country must accelerate the reform path in pursuit of greater productivity in the different sectors, as well as improve the use of public resources in government institutions. / OECD courtesy photo |
||
    
    |
 Published Thursday, July 30, 2020 OECD
sets goals for the country
By the A.M. Costa Rica staff The President of the Competition Committee of the Organisation for Economic Co-operation and Development (OECD) France Frédéric Jenny, indicated on Wednesday the list of goals to be met for Costa Rica. According to the report, "Evaluation of the Law and Competition Policy of Costa Rica" the recently approved Competition Law No. 9736, which significantly reformed the country's competition regime, will not be able to reflect changes for the benefit of economic agents and consumers until its implementation. The OECD published the result of the examination that the country underwent on Dec. 3, 2019. The report also pointed out the need for actions such as the appointment of full-time commissioners dedicated exclusively to their functions, through the selection mechanism based on a public record competition. Furthermore, the OECD indicates the need to guarantee the adequate implementation of measures that allow technical, administrative, political and financial independence to the Commission to Promote Competition, known as Coprocom. The OECD stressed the importance of this authority having the necessary experts and financial resources. According to the OECD, after the country's accession to this organization, the Competition Committee will periodically monitor the country's progress with respect to the implementation plan presented by the competition authorities. An increase in competition will allow for faster growth in the country, Frédéric Jenny said. The country must accelerate the reform path in pursuit of greater productivity in the different sectors, the OECD said. As well as improve the use of public resources in government institutions. The government is in the process of making the country the 38th member of this organization. The OECD’s goal is to stimulate economic progress and world trade. Among the 37 OECD member countries are the United States, Canada, United Kingdom, Australia, Ireland, Germany, Mexico, Chile and Colombia. ------------------------------ How could the country speed-up the process to be part of the OECD? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com |
|
|
|
  |
