Rodriguez pushes House to amend econ provisions now

Deputy Speaker Rufus Rodriguez asserts that the House of Representatives should continue its deliberations on proposed amendments to the Constitution's restrictive economic provisions this year.

Rodriguez responded to Senate President Vicente Sotto III and Minority Leader Franklin Drilon, clarifying that Velasco's proposal does not aim for a wholesale revision but focuses only on amending economic restrictions.

He emphasized that adding 'unless otherwise provided by law' would allow Congress to lift foreign direct investment limitations when necessary, stressing this is crucial for the country's recovery from the pandemic.

Rodriguez assured Sotto and other senators that no political amendments will be discussed, limiting the initiative strictly to economic reform.

Drilon acknowledged the importance of lifting economic restrictions but suggested waiting until June 2022, citing other pending bills and issues affecting foreign direct investments.

Rodriguez reiterated that this year is the best time for constitutional economic reforms, with plans to present them for public ratification alongside the 2022 elections.