Discussions on charter change have been relevant in years past, going as far back as the Ramos administration.
on beliefs that amending the 1987 Constitution’s limits on foreign ownership in several economic sectors would guarantee a flood of foreign direct investment in the Philippines.
She concluded that there was “no empirical evidence to support the claims that the economic provisions of the 1987 Constitution were the source of our economic problems.” For her, such matters seemed to be better addressed by adopting good governance practices as opposed to amending the constitution.position paper
Instead of amending or revising the 1987 Constitution, the department advocated a “mix of legislation and policy interventions” that involved existing laws, governmental system reform, and transparency, as well as, the promotion of accountability.
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