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13 Οκτ 2024 · The national economy and patrimony of the Philippines are primarily governed by Article XII of the 1987 Philippine Constitution, which provides the guiding principles for the management, regulation, and ownership of natural resources, public lands, and national wealth.
NATIONAL ECONOMY AND PATRIMONY (1987 Philippine Constitution) Section 1. The goals of the national economy are a more equitable distribution of opportunities, income, and wealth; a sustained increase in the amount of goods and services produced by the nation for the benefit of the people; and an expanding productivity as the key to raising the ...
19 Αυγ 2015 · The document discusses key aspects of the national economy and patrimony according to the Philippines' constitution.
20 Σεπ 2023 · The goals of the national economy are a more equitable distribution of opportunities, income, and wealth; a sustained increase in the amount of goods and services produced by the nation for the benefit of the people; and an expanding productivity as the key to raising the quality of life for all, especially the underprivileged.
21 Σεπ 2024 · R.A. No. 11659 is central to the constitutional mandate under Article XII of the 1987 Philippine Constitution, which focuses on the National Economy and Patrimony. Under the Constitution, certain sectors and industries are reserved for Filipino nationals, in line with promoting Filipino control over national resources and safeguarding the ...
21 Σεπ 2024 · Article XII: National Economy and Patrimony This article contains the most extensive provisions related to nationalist economic policies and sets forth specific restrictions on the participation of foreigners in various economic activities.
ARTICLE XII NATIONAL ECONOMY AND PATRIMONY Section 1: National Economy – entire structure of economic life in a country. It encompasses all activities like distribution, production and consumption of goods and services.
