The House of Representatives on Wednesday started the plenary debates on Resolution of Both Houses 6 calling for a Constitutional Convention to propose amendments to the 1987 Constitution.
THE House of Representatives on Wednesday started the plenary debates on Resolution of Both Houses 6 calling for a Constitutional Convention to propose amendments to the 1987 Constitution.
“While we are on the way to recovery, our ASEAN neighbors, notably Vietnam, are already way ahead of us in economic performance. Inflation and fiscal deficits are among the highest in the region, as well as the number of businesses closed. If we are to catch up, we need more FDIs to come in,” he added.
“Nevertheless, such resolution should be implemented through the passage of a bill containing the corresponding appropriation and other details relating to election of delegates, the specific apportionment per district, and the holding of the Constitutional Convention itself, among others. That is why we filed two measures, one for the ‘Calling’, which is RBH, and one as implementing measure, which is a House bill,” said Rodriguez.
“I cannot overemphasize the fact that despite the passage of structural reforms to liberalize the economy in the last administration on the Amendments to the Retail Trade Liberalization Act, Amendments to the Foreign Investment Act and Public Service Act, the reality is that constitutional limitations countervenes the objectives of these laws,” he said.
For the business sector, he said large business organizations like the Philippine Chamber of Commerce and Industry represented by its president, George Barcelon, the Management Association of the Philippines represented by Atty. Perry Pe, and the Foundation for Economic Freedom represented by Calixto Chikiamco are all in favor of lifting the restrictive provisions of the Constitution.
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