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Marcos Urges Congress to Fast‑Track Laws in Special Session

Bloomberg Markets •
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President Ferdinand Marcos Jr. summoned Philippine lawmakers to a special session on June 17, demanding that they set aside partisan squabbles to approve priority legislative measures.

The move follows a period of gridlock that has stalled reforms vital to investors, including infrastructure spending and tax incentives. By calling a focused session, Marcos aims to clear a backlog that could otherwise delay projects worth billions of pesos.

Lawmakers face pressure from opposition factions that argue for broader debate. If the session succeeds, it could unlock funding for public works, boost foreign direct investment, and signal a stable regulatory climate.

The outcome will directly affect sectors ranging from construction to renewable energy, as timely passage of these bills is essential for maintaining investor confidence in the Philippine market.