Heeding President Duterte’s call, Senate President Vicente Sotto III committed on Saturday that they will prioritize legislation to further streamline government processes.Sotto, in a radio interview, said Duterte wanted to amend current anti-red tape laws to further ease transactions specifically for foreign investors.
“May nakapagsabi sa kanya na may mga investors na gustong pumasok sa ‘Pinas. Ang target either Vietnam, Thailand, o Philippines .” “Kasi nakarating na sa kanya noong mga nakaraan na nawawalan ng gana ‘yong ibang investor kasi…ang daming kuskos-balungos, kumpleto ka na, mayroon pang hinahanap na iba…Mismong sa mga negosyong alam ko ganyan ang nangyayari, ang daming nagsusumbong ,” he said.
Sotto said most of Duterte’s requests were already contained in the Ease of Doing Business Act. He said Senate Minority Franklin Drilon instead proposed to grant the President the authority to “make changes to the system itself” during emergencies, so that they would no longer need to amend the law.
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