IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy.
Tags: charter change
“We maintain that the two rallies are not expressions of the genuine calls and struggles of the Filipino masses”
“Instead of devoting our land and resources to the genuine development of the domestic agriculture, economy, and industries, ChaCha will allow more foreign-owned extractive industries, logging, ecotourism, real estate projects, expansion of agro-corporation plantations, and other business operations intended for profit-making.”
By MAX SANTIAGO
“Self-serving political elites and dynasties will make it easier for themselves to stay in power such as with term extensions, lifting of term limits, and removing provisions that might potentially be used against them.”
By JANESS ANN J. ELLAO Bulatlat.com MANILA – Filipino farmers are worried as lawmakers approved on third reading the proposal to amend the Philippine Constitution, dubbed as the “economic Cha-cha” bill, allowing full foreign ownership of land and of the country’s resources. Proponents of the Resolution of Both Houses No. 2, which was adopted on its third…
Lawmakers under the Makabayan Coalition are calling for the prioritization of the passing of a new law that aims to provide financial assistance to those affected by the pandemic.
“The Duterte administration’s cha-cha will also pave the way for greater depletion and plunder of our natural resources due to corruption and fascist rule. It will also open up space for amendments to political provisions such as lifting of the term limits.”
Progressives said that the recent moves to amend the Philippine Constitution are “but a desperate attempt of President Rodrigo Duterte to hold on to power and silence critics.”
By DEE AYROSO
“He’s [Duterte] not just crossing out the protectionist provisions but he’s also trying to bring back dictatorship together with historical revisionism.”