House speaker expects Senate to tackle economic charter change

House Speaker Martin Romualdez expressed optimism that the Senate, now led by Senate President Francis Escudero, will consider proposed economic amendments to the Constitution.

The House of Representatives has approved Resolution of Both Houses (RBH) No. 7, which aims to allow foreign ownership in public utilities, basic education, and advertising sectors.

These proposed amendments are patterned after the Senate's RBH No. 6, which seeks to attract more foreign direct investments.

RBH No. 6 has been stalled at the subcommittee level in the Senate.

Romualdez stated that whatever is beneficial to the Filipino people will be considered and that he plans to meet with Escudero soon to discuss the matter.

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