The Charter Change embodied in Resolution of Both Houses No. 15 is an initiative that has floundered before it could take off.
Its centerpiece agenda on the shift to federalism is a virtual centerfold because it is bare. No less President Duterte’s economic advisers have exposed it as not economically viable.
The undue haste in shifting from the unitary to the federal system of government will further deteriorate the economy. Alacrity could spell disaster.
The President’s chief economist, National Economic Development Authority (NEDA) Director-General Ernesto Pernia, has scored the country’s lack of preparedness for a shift to federalism.