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Bu$iness Insbht
'Thursday; August 22, 2ALg

LEDAC rneet set in s.prember


to hasten passage of pfiority bills
BY JOGELYII MOilTEMAYOR zones and the archipelagic sea and attended by several Cabinet Tax Rbform for Atrracting Better
lanes are timely in the wake of members,led by Executive Sec- and High-Quality Oppornurities
THE Duterte administration is the controversial and uncoordi- retary Srilvador Medialdea and
set to convene a full Legiblative- firabaho) bill; the Amendments
nated passage of Chinese war- Congress leaders led by Senate to Foreign Investnnents Acg the
Executive Development Advi- ships in the country, President Vicente SottoIII and Amendments to Public Service
sory Council (I-EDAC) meeting The three bills are included in Speaker Alan Peter Cayetano. Act; the Amendments to Reail
in September to finalize and neady mote than 30 measures Nograles said among the Trade Uberalization Acq Ar4end-
hasten the passage of the prior- prioritized by the Duterte ad- priority measures of the ad- ments to Bank Secrecy Act the
ity measures of the Executive, ministration that would be sub- minisgation are the Militarl, Open access in daa transmission
among them the amendments mitted during the full LEDAC. and uniformed personnel pen- bill; the Excise ax on alcohot tlre
to the Human Security Act and The Executive and members sion reform bill that seeki to Pondo sa Pagbabago at Pag-asen-
the bills on the establishment of Congress had initially agreed reform the pension system for so (P3) bill; and the Creation of
of the maritime zones and the to hold regular "mini-LEDAC,' military and uniformed person- Departrnent of Water Resources
archipelagic sea lanes. meeungs to ensufe a smother nel and raise the pensionable ot STater Regulatory Commis sion.
Cabinet Secretary Karlo working relationship between the age from 56 to 60; the budget Nograles said the priorities
Nograles yesterday said in a Executive and Legislative branch modernization bill that aims also include the amendments to
media forum in Manila that the and avoid a repeat of the many to institutionahze annual cash- the Human Security A'ct, wlich
passage of the amendments to measures being vetoed by the based budgeting; and the Salary not only strengthens the anti-
the Human Security Act could President, including prioritv bills. Standardizztion 5 that raises
lead to the lifting of manial law
terrorism campaign of govern-
A mirri-Ledac, which did not salaries of government workers. ment but also serves a3'a long
in Mindanao while bills on the include the President, was held The others are the Freedom
.

terr,n solution to terrorism and


establishm'ent of the maritime earh this month in Malacanang of information trOI) bill; the violent extremism in the country.
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