By Jess Diaz (The Philippine Star) | Updated November 18, 2012 - 12:01am
MANILA, Philippines - Speaker Feliciano Belmonte Jr. has reiterated his advocacy for Charter change (Cha-cha) to relax the Constitution’s economic provisions to attract more foreign investments.
“While amendments to the economic provisions of the Constitution may not come sooner, I earnestly believe that this should be given priority by the next Congress,” Belmonte told a group of foreign and Filipino businessmen this week.
He said opening more areas of the economy to foreign investors would certainly bring in more investments and contribute to the country’s economic development.
Belmonte and Senate President Juan Ponce Enrile had held initial meetings and agreed on the need for Cha-cha. However, the present Congress has run out of time to discuss the matter of amending the Constitution.
The Speaker’s proposal is to introduce an amendment that would allow Congress to relax the Charter’s economic provisions.
He told the business group that much still has to be done by the country’s leaders to sustain its economic growth, create jobs and promote its overall competitiveness.
“This is no time to be complacent. Much work remains to be done,” he said.
Belmonte said the challenges entail “keeping the fiscal house in order, and approving a national budget that is truly responsive to the needs and demands of the people.”
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017
037
135**
157**
177
255*
227
447
477
057**
669
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023**
035**
039**
027
078
237*
347*
Yesterday's Philippine PCSO Draw Results
For November 17, 2012 Saturday
EZ2 Lotto
Morning 11am: 18-19
Afternoon 4pm: 04-17
Evening 9pm: 12-14
Winning numbers in exact order
Php 4,000.00 per 10 peso play
Suertres Lotto Luzon Vis-Min
Morning 11:00 am: 3-6-6
Afternoon 4:00 pm: 6-1-2
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Winning numbers in exact order
Php 4,500 per 10 peso play
6Digit Luzon
9pm: 7-6-6-6-8-7
Winning numbers in exact order
6/42 National Lottery
19-10-24-28-07-04
Current Jackpot: Php 17,067,834.00
(1)winner
Winning numbers in any order
Grand 6/55 Lotto
49-04-25-19-43-01
Current Jackpot: Php 30,000,000.00
(0)winner
Winning numbers in any order
For best results, it is suggested to always employ rumble on the tips above.
* = Hot Numbers
** = Very Hot Numbers
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