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Thursday, April 18, 2013

Garcia v. BOI


Garcia v. BOI
G.R. No. 92024 November 9, 1990
Gutierrez, Jr., J.

Held:

                Every provision of the Constitution on the national economy and patrimony is infused with the spirit of national interest. The non-alienation of natural resources, the State’s full control over the development and utilization of our scarce resources, agreements with foreigners being based on real contributions to the economic growth and general welfare of the country and the regulation of foreign investments in accordance with national goals and priorities are too explicit not to be noticed and understood.

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