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Manila
Thursday, December 8, 2022

Economic Charter Change will lead to further socio-economic decline

Lifting of foreign ownership restrictions through the Duterte administration’s Charter change (Cha-cha) will further stunt the Philippine economy. This will allow foreigners to further encroach on the country’s various industries. Government will also give up its responsibility to provide the public accessible and affordable goods and services, leaving Filipinos at the mercy of corporations.

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