Philippine Congress to fast track constitutional amendments to allow foreign ownership

<p>The leader of the Philippine Congress on Monday ordered to speed up the deliberations on the proposed economic amendments in the present constitution that will give more access to foreign investments.</p><p>&nbsp;</p><p>&nbsp;</p><p>House Speaker Feliciano Belmonte Jr. said that he has instructed his colleagues in the House of Representatives to fast track the floor deliberations of the measure amending the economic provisions of the 1987 Constitution.</p><p>&nbsp;</p><p>&nbsp;</p><p>Belmonte said that the Resolution of Both Houses (RBH) No. 1 or the proposed amendments to the economic provisions of the Constitution should be passed this year so that it can be put to vote through a plebiscite that will be synchronize with next year' s National Elections.</p><p>&nbsp;</p><p>&nbsp;</p>
Read the full article here: Shanghai Daily