bin picking – No economic disruption in federalism, only ‘greater growth’ – Con-com

bin picking – No economic disruption in federalism, only ‘greater growth’ – Con-com

Consultative Committee (Con-com) spokesperson Ding Generoso. (Photo by CATHY MIRANDA / INQUIRER.net)
Socioeconomic Planning Secretary Ernesto Pernia’s fear that a shift to federalism would “wreak havoc” on the country’s economy is baseless, President Rodrigo Duterte’s charter change committee said on Wednesday.
Contrary to Pernia’s claim, changing the form of government would lead to a “greater” economic growth, according to Ding Generoso, spokesman of the Consultative Committee (Con-com), which is chaired by former Supreme Court Chief Justice Reynato Puno.
“The shift to a federal system of government won’t cause disruption in the nation’s economy but, in fact, lead to greater and a more balanced growth over the medium- and long-term after the system is put in place,” Generoso said in a statement.

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