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Creative measures for tough times | BusinessWorld


RACOOL STUDIO/FREEPIK
A couple of weeks ago, I opined that any constitutional review should be done only after the May 2022 elections, which are just about 15 months away. This is on the premise that the timing of such an initiative will always be politically suspect if done on or before a presidential election year. So, the argument was not against the need for charter change, but more on when to do it.
But, after hearing recent reports on the state of the Philippine economy, on how a more contagious and possibly deadlier variant of the COVID-19 has been spreading worldwide, and on the ballooning government debt, I am now acknowledging the urgency of revising the 1987 Constitution’s “economic” provisions. ....

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