<div><h4>Description</h4><p><p>The project will (i) strengthen the institutional capacity of the Philippine Competition Commission (PCC) to foster competition, (ii) establish a cross-government staff development program for competition policy, and (iii) ensure the sustainability of the reforms by establishing an academic center of excellence in competition policy and law.</p></p><h4>Impact</h4><p><p>Market competition enhanced</p></p></div>

Capacity Building to Foster Competition Project

Audited pro ject financial statements the audited project financial statements are docum ents owned by the borrower. the views expressed herein do not necessarily represent those of adb's board of direct ors, management, or staff. these documents are made publicly available in accordanc e with adb's access to information policy and as agreed between adb and the philippine competition commission. project number: 52078-001 loangrant number: 3878 period covered: 1 january 2022 to 31 december 2022 philippines: capacity building to foster competition project prepared by the philippine competition commission for the asian development bankdate accepted by adb: 14 december 2023

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Capacity Building to Foster Competition Project: Audited Project Financial Statements January-December 2022

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