Defining the News
PRAGUE—Both leaders of the Senate and the House of Representatives assured the public that efforts to amend restrictive economic provisions of the 1987 Constitution are on track.
“We’re convincing our colleagues to make sure we have the three-fourths vote on this measure. It’s ongoing. We’re on track,” said Zubiri, who joined the Philippine delegation in Prague Thursday. For his part, Speaker Martin Romualdez said the House has followed the lead of the Senate in crafting the amendments.The House last week approved on second reading Resolution of Both Houses No. 7 and is set to finalize the approval on third reading this week before the Lenten break.
The proposed House and Senate changes were on the grant of legislative franchises to and ownership of public utilities in Article 12, and ownership of basic educational facilities in Article 14, and advertising firms in Article 16.Aklan Rep. Teodorico Haresco said adopting the economic amendments will create about two million jobs and will sustain efforts of the Marcos administration to decrease the unemployment rate.
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