Easing Charter¡¯s economic provision to attract investors ¡ª Speaker

22 Jan 2024
House Speaker Ferdinand Martin Romualdez on Tuesday expressed intent to attract investors at the World Economic Forum (WEF) by leveraging the Senate’s move to ease the “restrictive” economic provisions of the 1987 Constitution.

This, amid opposition by some lawmakers and constitution framers on amending the Constitution.

Romualdez said he is optimistic that the Senate resolution to rewrite specific economic provisions in the Constitution would enhance the country’s appeal to investors.

“It would be a welcome development for our trade partners,” the Speaker, who is the head of the Philippine delegation to the 2024 WEF in Davos, said in a statement.

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