Business groups have identified 24 priority legislative measures that President Ferdinand Marcos Jr. should certify as urgent for the immediate passage by the 19Congress to achieve the goals of economic recovery and ensure sustainable long term growth for the country.
The list highlights the agriculture and food legislative bills such as the Free Index-Based Agricultural Insurance; Successful Farmers Development Act amending the Comprehensive Agrarian Reform Law, and Livelihood Development Bill. To stop importation of products that can be produced locally, the groups also want the passage of the Amendments to the ASIN Law as majority of the country’s salt supply are imported.
For trade, commerce and entrepreneurship, the business groups said Congress should pass the Amendments to the Magna Carta for MSMEs; National Quality Infrastructure Act; and Warehouse Receipts Act.