A consensus has been reached by pro Charter Change (Cha-cha) solons in the House of Representatives to boost the inflow of foreign direct investments (FDIs) to the country, which can be achieved by lifting the supposed overly-protective economic provisions of the 1987 Constitution.
Hou
House Speaker Ferdinand Martin G. Romualdez (Photo courtesy of Office of Speaker) MANILA - Speaker Ferdinand Martin G. Romualdez on Wednesday said congressional deliberations on the proposed Constitutional amendments are more focused now on the need to encourage investments that would further stimulate economic activities, create job opportunities, reduce poverty and lower prices of goods and services. "Thirty-six years after the ratification of the 1987 Constitution, there are questions that linger in our minds. As we gathered here today, we continue to ponder. Is the Constitution still relevant to our people as they envisioned it to be? Is it still reflective of the aspirations and ideals of the Filipino people? Nilalaman pa rin ba nito ang pangarap ng bawat pamilyang Pilipino (Does it still embody the aspiration of every Filipino family)?" Romualdez said in his speech at Malacanan Palace during observation of the Philippine Constitution Day. He said he and other House memb
Allies of President Marcos in the House of Representatives who are pushing for Charter change shall limit their focus on amending “overly protective economic provisions that restrict the inflow of foreign capital,” Speaker Martin Romualdez said yesterday.
Lawmakers who are pushing for Constitutional amendments have reached a consensus to lift “overly-protective economic provisions” that restrict the inflow of foreign capital, the leader of the House of Representatives said on Wednesday. Speaker Ferdinand Martin G. Romualdez said congressional deliberations on the proposed Constitutional amendments are more focused now…
Smarter House to make more pro-people legislation: Romualdez pna.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pna.gov.ph Daily Mail and Mail on Sunday newspapers.