To boost the economy, the existence of autonomous bodies is crucial, as they are the watchdogs and responsible for implementing policies to ensure the legality of investment. The Center for Private Sector Economic Studies (CEESP) emphasizes this point.
Having autonomous bodies fosters a more formal and well-paid job market, enhances public security, promotes an efficient healthcare system and education, and reduces corruption and opacity. These factors contribute to a more favorable environment for the entire population, not just investors.
The private sector plays a fundamental role in this equation. The government must establish and monitor the best possible environment to foster a healthy business climate.
However, the government’s opposition to autonomous bodies and its reluctance to engage the private sector in strategic sectors have hampered the creation of a truly investor-friendly environment.
The proposed elimination of agencies such as Inai, Cofetel, CRE, and IFT and transferring their responsibilities to government ministries would severely limit their autonomy. This uncertainty and lack of clarity have dampened economic expectations.
Ultimately, strengthening the business environment requires a concerted effort from the government. This necessitates the existence of autonomous and independent bodies that can promote optimal market conditions.
The author suggests that rather than absorbing these bodies into the government, their autonomy should be preserved to ensure a balanced and effective business environment.