Palace says growth achievable without Cha-cha

by Willard Cheng, ABS-CBN News

Posted at Jul 26 2011 07:47 PM | Updated as of Jul 27 2011 03:47 AM

MANILA, Philippines - Malacañang on Tuesday said economic growth can be achieved without having to amend the Constitution.

Presidential spokesman Edwin Lacierda said one way that the administration has done this is by leveling the playing field for business and improving revenue collection.

"As far as the executive branch is concerned, we believe that the economic provisions on the Constitution can still pave the way for further economic development. We are going to, like we said, other than amending the Constitution, we will provide a level playing field, we'll make our rules more investment-friendly, and most importantly we have taken away the graft-ridden process of bidding insofar as government transactions are concerned," he said.

"And we have also plugged the leakages in tax collection, revenue collection, so I think economically, we can do that."

Senate President Juan Ponce Enrile earlier said he wants Congress to explore again the possibility of amending the economic provisions of the Constitution to make the economy more vibrant and create more jobs for the people.