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Charter Change in The Philippines
Charter Change in The Philippines
Charter Change in The Philippines
It refers to amending the 1987 Philippine Constitution. There are three ways to
propose amendments: a People's Initiative, a Constituent Assembly, or a
Constitutional Convention. Recently, a fourth method involving a
supermajority vote in both houses of Congress has been proposed.
A big focus right now is on economic charter change. This would involve
removing restrictions on foreign ownership in certain industries like utilities
and media. Proponents argue this would attract foreign investment and boost
the economy. Opponents fear it could lead to domination by foreign
corporations and loss of national control over key sectors.