President Ferdinand "Bongbong" R. Marcos Jr. underscores the need to amend the restrictive economic provisions of the 1987 Constitution in his message during the Philippine Constitution Association (Philconsa) and Manila Overseas Press Club (MOPC) Constitution Day celebration at Makati Shangrila Hotel in Makati City Thursday evening. Listening intently are Speaker Ferdinand Martin G. Romualdez, First Lady Louise "Liza" Araneta-Marcos, House leaders, officers and members of the Philconsa as well as of MOPC, and the Diplomatic Corps. Courtesy: House of the Speaker
SPEAKER Ferdinand Martin G. Romualdez today welcomed the statement of President Ferdinand Marcos Jr. that stressed the need and urgency for amending the Constitution’s “restrictive” economic provisions.
“The President made it clear that these provisions hinder the entry of foreign investments and the potential for faster and inclusive economic growth, which in turn could translate into a better life for every Filipino,” he said.
“We are happy that he also took note of our consistent advocacy in the House of Representatives for changing those restrictive provisions for more than three decades since the 8th Congress, or since 36-37
Romualdez also lauded the President’s firm assurance that his support for reform, to “extends to economic matters only…nothing more.”
President Marcos gave such assurance in his message as Guest of Honor and Speaker at the Constitution Day hosted by the Philippine Constitution Association (Philconsa) and the Manila Overseas Press Club Thursday night at the Shangrila Hotel in Makati City.
“At the risk of being makulit, we have been saying that we do not advocate any political amendment,” said Speaker Romualdez, who is also the Philconsa President.
