Amending the Philippine Constitution should not be the top priority of Congress at this point, economists and legal luminaries said on Thursday, citing the need to focus more on measures that will address poverty and development. READ:
PHILIPPINE STAR/MICHAEL VARCAS
Marinduque Rep. Lord Allan Jay Q. Velasco and Parañaque Rep. Gus S. Tambunting filed a Resolution of Both Houses seeking to amend economic provisions of the Constitution to allow foreign capital investments in restricted sectors. “Despite vastly growing foreign investment inflows, we have not seen the national economic progress that has been promised,” Jose Enrique A. Africa, executive director of IBON Foundation, said.
He added that should the legislature “decide to constitute itself as a Constituent Assembly, Congress has to ensure that it will complete the process without taking time and resources away from other legislative priorities.” “If we resolve corruption, poverty, security of tenure, genuine agrarian reform…we will be a developed country, we won’t even need to ‘ChaCha’ ,” Mr. Colmenares said in Filipino.
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