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Booster shots for  a floundering economy


Published April 16, 2021, 12:12 AM
Faced by continuing economic doldrums and a raging pandemic, President Duterte certified as urgent the immediate enactment of Senate Bill No. 2094 amending the Public Service Act, Senate Bill No. 1156 amending the Foreign Investments Act of 1991, and Senate Bill No. 1840 amending the Retail Trade Liberalization Act of 2000.
The request was coursed through Senate President Vicente Sotto III as the three bills have already been passed by the House of Representatives on third and final reading while these were still being threshed out pending second reading in the Senate when Congress went on recess last March 26.
Senate Minority Leader Franklin Drilon remarked that if these three bills were finally enacted into law, the members of the House proposing that Congress be convened into a constituent assembly to amend “restrictive” economic provisions of the 1987 Constitution would have lost justification of their advocacy. ....

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