cdn mobile

‘No-el’ talks could scare away investors — Zubiri

By: July 14,2018 - 08:44 PM


SENATE Majority Leader Juan Miguel Zubiri has warned yesterday that talks on the postponement of the 2019 elections could scare away investors.

Zubiri issued the statement after House Speaker Pantaleon Alvarez earlier said it would be “practical” to suspend the elections to allow for a faster shift to the proposed federal form of government. Several senators have also weighed in on the issue.

“Dapat ‘wag muna pag-usapan [‘yan] dahil natatakot ‘yung mga investors (We should not talk about it yet because investors are becoming afraid),” he told DWIZ.

“Sa tingin ko, pag-aralan muna natin ‘yung mga amendment. ‘Wag muna natin banggitin ‘yung ‘No-el’ [No election] na ‘yan,” Zubiri said, referring to the proposed federal Constitution which was drafted by the Consultative Committee (Con-com).

He also cautioned the Con-com against rushing the proposed new Charter.

“‘Wag po natin i-rush. Pag-aralan natin ng mabuti ‘yan dahil ito ay magiging panibagong system of government ng ating bansa (Let us not rush it. Let’s study it well because it will be a new system of government in our country),” the senator said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: could, investors, talks, Zubiri

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.