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Lawmakers supportive of Speaker Belmonte’s charter change push to amend restrictive economic provisions
House members are amenable of supporting the efforts of Speaker Feliciano Belmonte, Jr. at pushing for charter change to amend the restrictive economic provisions of the Constitution to attract investments and capital that will create more employment and reduce the incidence of poverty in the country. Reelected Reps. Magtanggol Gunigundo (2nd District, Valenzuela City) and Romero Quimbo (2nd District, Marikina City) both expressed support for the charter change initiative of the Speaker who recently said he continues to believe in amending the economic restrictions in the Constitution. Gunigundo said while pushing for the amendments of these restrictive provisions, there should be a guarantee for the smooth implementation of these changes by local government units (LGUs) to fully encourage investors. “Changes in the economic provisions of the Constitution have good intentions. But it will be handicapped by LGUs that fail to streamline procedures. The Department of Interior and Local Government (DILG) should focus on this and not limit itself on police and peace and order functions,” Gunigundo said. He said without the necessary LGU reforms, inflow of foreign investments would not reach forecast levels even if lawmakers succeed at changing economic constitutional provisions. “Following the Doing Business in Philippines Indicators, there should be a streamlining procedure in the issuance of business permits, building permits, transfer of real property and payment of real property taxes,” said Gunigundo. Quimbo likewise expressed support for the Speaker’s bid to amend the restrictive economic provisions of the 1987 Constitution. “We need to review these provisions. I will follow what the Speaker wants,” said Quimbo. (30) rbb