Chiz dismisses concerns over political noise delaying reforms

Senate President Francis “Chiz” G. Escudero (File photo)
Senate President Francis “Chiz” Escudero on Tuesday brushed off concerns that ongoing political issues might delay key economic reforms.
Escudero stressed that such “noise” is a natural part of a vibrant democracy.
“All this so-called ‘noise’ is part and parcel of having a ‘vibrant’ democracy, which is normal given that we are a democratic state comprised of divergent peoples who may have different views,” Escudero told reporters in a Viber message.
He noted that the approaching midterm elections could be a suitable avenue for those seeking governmental change.
“What is important is that discussion and debate are peaceful (which they have been) and people look at elections to effect any change they may want in government,” he said.
Escudero made the remarks after ING Bank warned that political unrest, triggered by the recent arrest of former President Rodrigo Duterte and the impeachment of Vice President Sara Duterte, could delay reforms favorable to financial markets.
The bank pointed out that these situations might shift legislative focus away from policymaking.
Despite these concerns, Escudero expressed confidence that the current political issues will not hinder the passage of important economic legislation in Congress.
“Given the above, I don’t believe it will affect the passage by Congress of needed economic legislation,” he stressed.
