Stamp of approval: CCP’s performance consistent,says GCR
GCR has termed CCP a maturing authority.
ISLAMABAD:
The Competition Commission of Pakistan (CCP) has maintained its rating of two and a half stars out of five and its performance has been termed consistent by the Global Competition Review (GCR) in the 14th annual survey of the world’s leading competition authorities. GCR has termed CCP a maturing authority, which is still facing external challenges of operating in a tough environment, but has stuck to its mandate and continues to build a reputation of being taken speciously both within Pakistan and abroad. It stated that CCP continues to remain active in the face of significant resource cut and staff reduction. “While its budget has not changed, CCP cut staff from 147 in 2012 to 125 in 2013. For such a small authority, that represents a savage bite out of its resources,” stated GCR.
Published in The Express Tribune, June 5th, 2014.
The Competition Commission of Pakistan (CCP) has maintained its rating of two and a half stars out of five and its performance has been termed consistent by the Global Competition Review (GCR) in the 14th annual survey of the world’s leading competition authorities. GCR has termed CCP a maturing authority, which is still facing external challenges of operating in a tough environment, but has stuck to its mandate and continues to build a reputation of being taken speciously both within Pakistan and abroad. It stated that CCP continues to remain active in the face of significant resource cut and staff reduction. “While its budget has not changed, CCP cut staff from 147 in 2012 to 125 in 2013. For such a small authority, that represents a savage bite out of its resources,” stated GCR.
Published in The Express Tribune, June 5th, 2014.