Mindanao Business Council is pushing for federalism as soon as possible.
Said Council Chairman Vicente Lao in a press conference attended by different federalism advocates and leaders of the business group.
According to Lao, the present form of government has been very disadvantageous to the people in Mindanao as the money generated from Mindanao goes to other parts of the country and very less of such generated income goes back to Mindanao.
He also observed that a centralized government follows a patronage system of disbursing funds which makes Mindanao cities and provinces to lag behind in absorbing national projects and programs.
The council wants federalism as soon as possible as it can also be the tool to end insurgency that has been threatening the business sector.
Peace and order problems can hardly be understood and solved by the people in central Manila as these are more localized, thus, can only be effectively addressed locally, they stressed.
Meanwhile, Albay leaders and representatives from the private sector agreed, in a public forum , that federalism is a vehicle for change.
Albay Gov. Joey Salceda led the group of panelists at the PIA Kapihan sa Legazpi City attended by representatives from the media, academe, business and local government unit executives.
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