Passage of economic bills pushed before election season

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Trade and Industry Secretary Ramon Lopez said the economic managers have recently asked President Duterte to declare certain pending economic bills as urgent so that these could be passed before the start of the political season in October. During the question-and-answer portion of a business forum on Tuesday, Lopez was asked for a likely timetable on the passage of bills that aim to liberalize the economy. “Just recently, the economic managers, about four of us, have endorsed to the President to certify all these bills as urgent,” Lopez said, referring to amendments to the Retail Trade Liberalization law, the Foreign Investment law and the Public Service Act. “Hopefully, we can get the …

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