Camarines Sur Representative LRay Villafuerte on Saturday, May 15, said he is perplexed as to why the leadership of the House of Representatives insists on "squandering" the chamber's time on Charter Change (Cha-cha) when the 18th Congress resumes session Monday. Villafuerte said lawmakers' energy...
A weekly webinar series where experts will share their opinions on the proposed amendments to the economic provisions of the 1987 Constitution will kick off on Friday, May 14. The event, which is being organized by the Department of Interior and Local Government (DILG), also intends to stimulate...
Albay 2nd District Representative Joey Sarte Salceda on Saturday, May 8, said the House of Representatives would commence deliberations on proposals to amend economic restrictions of the 1987 Constitution once session resumes on May 17. Albay 2nd District Representative Joey Salceda (Office of Rep....
Amending the economic provisions of the Constitution will not result in revenue losses for the government unlike the Corporate Recovery and Tax Incentives (CREATE) bill where P1.073 trillion in revenues would be lost once the pending is passed, according to economist congressman Joey Sarte-Salceda....
Instead of Charter change, the Duterte Administration’s chief economic manager has suggested that the lawmakers may consider the further opening up of the local economy to foreign investments. While Finance Secretary Carlos G. Dominguez III did not categorically state that he is not in favor of...
The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...
