The House constitutional amendments committee approved Tuesday in a 62-3-3 vote Speaker Lord Allan Velasco’s proposal to amend “restrictive” economic provisions in the Constitution.

The panel approved on the 34th anniversary of the ratification of the 1987 Constitution Velasco’s proposal to allow Congress to amend the constitutional restrictions on foreign investments in natural resources, public utilities, educational institutions, media and advertising.

House constitutional amendments chair Alfredo Garbin (AKO BIKOL party-list) has said that he wants plenary debates to start by the first week of February. Velasco eyes finishing debates before the end of 2021 and put up the proposed amendments for ratification during the 2022 electi

Adopts resolution on economic amendments

 February 2, 2021

MANILA – To mark Constitution Day, a panel at the House of Representatives on Tuesday approved a measure proposing amendments to the “restrictive” economic provisions in the 1987 Constitution.The House Committee on Constitutional Amendments, chaired by Ako Bicol Rep. Alfredo Garbin… Read More