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Economic Planning Secretary Arsenio M. Balisacan will wear a new hat after the end of this month, this time to chair the newly established Philippine Competition Commission.
In a statement Monday, Balisacan, who is also director general of state planning agency National Economic and Development Authority (Neda), finally confirmed reports that he would resign as the country’s chief economist effective Jan. 31 to become the first chair of the PCC.
The commission was formed under Republic Act No. 10667 or the Philippine Competition Act, which President Aquino signed into law in July last year.
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