Cha-cha proponents say there is a need to “institutionalize” the Mandanas ruling by amending the Constitution. Former Supreme Court Associate Justice Antonio Carpio, who was among the justices who promulgated the Mandanas decision, disagreed. “There is no need to amend the Constitution to institutionalize the Mandanas ruling,” he added. Initial budget estimates put the cost of the Mandanas ruling up to P1 trillion over time. Murky watersNeither a Cha-cha for foreign investments’ sake looks reasonable at this time when investors are on a wait-and-see attitude due to the coronavirus pandemic.

Source: Philippine Star July 21, 2020 06:45 UTC