On August 9 and 10, in Cotabato City, the Committee on Trade, Investment, and Tourism of the Bangsamoro Transition Authority began its third round of public hearings.
Academicians, specialists, non-governmental organizations and agencies, and other interested parties provided feedback and suggestions for the suggested measures.
According to MP Atty. Maisara Latiph, the primary author of BTA Bill No. 157, also known as the Bangsamoro Social Enterprise Act of 2021, social enterprise is now seen as a way to combat poverty and provide marginalized groups like women, children, and young people more influence.
According to CTIT Chair MP Marjanie Macasalong, the proposed measures will act as a vehicle for the implementation of policies and initiatives that will support the growth of trade, cooperatives, and other social enterprises in BARMM.
Another proposed law that was discussed was BTA Bill No. 124, also known as the Bangsamoro Cooperative and Social Enterprise Code of 2021, BTA Bill No. 85, and Bill No. 21, which both aim to establish a barter trade center and institutionalize the barter trade.
The committee will consider all of the participants’ input and include it in the suggested legislative changes.