RIVERMAN’S VISTA: The Revenue Generation and Wealth Sharing Annex: Constitutional Issues

July 21, 2013
Dean Antonio G. M. La Viña on Mindanews

QUEZON CITY (MindaNews/21 July) — After initial setbacks, the Government of the Philippines (GPH) and the Moro Islamic Liberation Front (MILF) have finally agreed on the arrangement on Revenue Generation and Wealth Sharing. In formulating the Annex the parties took cognizance of the parameters set by existing laws, e.g., the 1987 Constitution and the Local Government Code of 1991.

Specifically, it takes into account section 18 of Republic Act 7160 also known as the Local Government Code of 1991 on Power to Generate and Apply Resources which mandates “…a just share in national taxes which shall be automatically and directly released to them without need of any further action; to have an equitable share in the proceeds from the utilization and development of the national wealth and resources within their respective territorial jurisdictions including sharing the same with the inhabitants by way of direct benefits…”

more in Mindanews