Amid calls for charter change, Senator Christopher Lawrence “Bong” Go has expressed his support for amendments on the economic provisions of the 1987 Constitution due to the current state of country’s economy.
During his attendance at the launch of the Malasakit Center in Gov. Roque Ablan Sr. Memorial Hospital in Laoag City, Ilocos Norte on February 11, 2020, Go said that it is timely to undertake charter change on economic provisions, emphasizing the need to attract more foreign investors as the country’s economy still suffers and Filipinos are losing their jobs due to the pandemic.
“Times have changes and there is a need to make a bit more liberal the economic provisions of the Constitution so we can get more foreign investors. If the country gets more investors, more jobs will be created,” Go said.
But he emphasized that he only supports the economic amendments to the Constitution and not other provisions that would only benefit some politicians.
Earlier, Senate President Vicente “Tito” Sotto 3rd said that lawmakers have discussed amending the Constitution with President Rodrigo Duterte in November. Duterte suggested amending some economic provisions and the party-list system, according to Sotto. Duterte also thumbed down amending provisions on term extension.
The House of Representatives began discussing the proposed changes to the Constitution on January 13. Resolution of Both Houses No. 2 proposes to “liberalize the restrictive economic provisions in the Constitution,” which, according to House Speaker Lord Allan Velasco, is preventing the Philippines “from becoming fully competitive with our Asian neighbors.”
The business community has expressed its support for the move, with Philippine Chamber of Commerce and Industry President Benedicto Yujuico saying that with the proposed amendments to the restrictive economic provisions, the country will be more competitive, will boost foreign investments and “and address monopolistic, uncompetitive behaviors and under-investments in some sectors critical to the public interest.”
Meanwhile, Go said in January that he will thoroughly study plans to amend the economic provisions in the 1987 Philippine Constitution, particularly now that the country aims to recover swiftly from the coronavirus pandemic. SOVEREIGNPH