Growth possible without Cha-cha, Palace says

by Willard Cheng, ABS-CBN News

Posted at Jul 13 2012 04:27 PM | Updated as of Jul 14 2012 10:57 AM

MANILA, Philippines - Malacañang sees no urgency to amend the economic provisions of the Constitution, insisting that economic growth can be possible even with the current set up.
“Going back to what the President said yesterday, it was clear that nagagawa naman po natin ‘yung kailangang gawin nang hindi po tayo nag-aamyenda ng Saligang Batas,” deputy presidential spokesperson Abigail Valte said.
“Kung wala naman po tayong nakikitang dahilan na urgent, talagang necessary na hindi ho tatakbo ‘yung bansa kapag hindi ho natin ginawa, then ano po ‘yung rason,” she added.
The Palace expressed reservations about the possibility that other provisions would also be amended.
“Meron pong mga proposals for the economic provisions primarily on opening land ownership in the Philippines to non-Filipinos but from my understanding is that the moment that you open that door, hindi po natin alam kung ano pa ’yung ibang proposals na pwedeng pumasok. Such that meron naman pong mga provisions that have not been contested or have not been problematic but baka po pati ‘yon ay magalaw. I am not aware if the President had any specifics in mind,” Valte said.