NextGen Day

Rufus Rodriguez, the chair of the House Committee on Constitutional Amendments, encouraged the Senate on Monday to consider the Fitch Solutions report that constitutional economic reform might enhance the nation’s an investment and economic climate.

Rep. Rodriguez of the 2nd District of Cagayan De Oro City argued that senators should not ignore the resounding desire of the members of the House of Representatives to amend the Constitution’s economic provisions.

Following the remark that “it would be pointless for senators to confront Charter modification as there would be no vote for it in his chamber,” by Senate President Juan Miguel Zubiri.

He declared, “The Senate cannot and should not disregard our initiative, which is a representation of the popular consensus we acquired in our recent statewide public hearings and consultations.

On March 6, the House passed Resolution of Both Houses No. 6 by an overwhelming margin, urging Congress to call a constitutional convention to consider amending the Constitution. On Monday, it will vote on House Bill 7352, which carries out the resolution.

“Inter-chamber politeness calls that the Senate take up any proposal passed by the House, particularly if it is passed by a landslide and needs urgent attention, and vice versa,” Rodriguez added.

According to him, Zubiri shouldn’t be concerned about the Senate’s decision about the planned charter change.

He continued, “Let the people know who is against and who is in favor of reform that could lead to more foreign companies investing or growing their operations in the nation.

The current economic provisions of the Constitution, according to Fitch Solutions’ analysis, have always presented a “challenge” for international investors.

According to recent data, the nation’s jobless rate increased from 4.3 percent in December of last year to 4.8 percent in January of this year. These numbers corresponded to around 2.3 million unemployed individuals, many of whom worked in the construction industry.

He declared, “We need more foreign investment to increase employment and income for our people and to lower the unemployment rate among those with employable skills.

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