Belmonte: House not rushing Charter Change

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The House of Representatives is not rushing the amendment to the Constitution that lifts restrictions on foreign ownership of businesses and public utilities.

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Speaker Feliciano Belmonte Jr. of Quezon City made the announcement after the House adjourned for the Christmas break.

“The reason I am not hurrying this up is because I am not so sure if this will be funded, unless it is made a rider in the 2016 polls where the voter can tick a box in the ballot [and choose between]yes or no [to Charter Change]. That is what I am thinking,” Belmonte told reporters.

Belmonte’s Resolution of Both Houses 1 removes the 40-percent limit on foreign ownership on public utilities, media entities, land and exploration of natural resources and
30 percent limit on for advertising firms and other business ventures.

Aside from funding issues, the Speaker also admitted that Charter Change faces rough sailing in Congress because amending the Constitution can only be done if two-thirds of the 292 members of the House vote for the amendments.

“We can hardly get full quorum [attendance]. The largest quorum we can muster is 230. To pass economic provisions, we need two-thirds vote [of the members of Congress]. That is quite big. If it were an ordinary law requiring a simple majority, it has already been passed into law, that’s for sure,” he pointed out.

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2 Comments

  1. The Congress should act now to amend the economic provisions of our constitution if it wants to improve the lives of the poor Filipinos. Right now, the Philippines lagged behind other ASEAN countries such as Myanmar and Vietnam, in attracting manufacturing firms leaving China due to high wages. Without amending economic provisions, inclusive growth will remain a dream for this government!

  2. Sige Na ipasok na ninyo ang charter change!!huwag ka ng mahiya!!
    Bigo din ang gobyerno nabigyan ng trabaho ang mga tao!ibinta mo na lahat ang pilipinas upang ang mga pinoy ay di na mag-ofw sa ibang bansa para magpa-alipin, kapag lahat ng mayayaman na dayuhan ay nabili na lahat ang pinas,Hindi na lalabas ang pinoy ng bansa para maging alipin,dito maraming magiging trabaho dahil magiging alipin jaw tayo saloob ng sarili nating bansa!!
    Ok di ba!! Ofw ka sa sariling bansa, kaya lang maliit ang salary dahil nababayaran ang gobyerno natin!!
    Talagang magiging alipin!!
    Bawal pumasok ang wala sa mga lugar na para lang sa mayayaman dayuhan dahil baka mangulo lang!
    Isipin mo kung lahat ng dati mong puending puntahan na libre at walang magbabawal ngayon ay nabili na at offlimit sa mga ordinariong. Pinoy!! Kawawang mga tao atmaalala nila ang pangalan ni belmonte at
    Ng mga ganid na cocongressman at senator!!!ang mga uwak!!!