Report: CBCP to Lose P26M Every Month if RH Law is Fully Implemented

The Catholic Bishop Conference of the Philippines (CBCP) is not happy after President Rodrigo Duterte signed an Executive Order (EO 12) to fully implement the Republic Act No. 10354, otherwise known as the Reproductive Health (RH) Law.

Malolos Bishop Jose Oliveros said “Duterte should respect the decision of the Supreme Court which aims to support the Constitution on respect for human life even from its beginning in the womb of the mother,”

However, former Negros Occidental Bishop-turned businessman Olimpio Mateo said “it’s all about money”.

Mateo, a former high-ranking officer of CBCP for more than two decades who has knowledge in Church’s finances said, the church could lose as much as 26 million pesos each month in offerings, donations, and hospital and schools revenues if the population is curbed in the next six years.

Mateo told Bombo Radyo Visayas that CBCP is all about business.

Previous reports of various sources says, as of May 2011, the Catholic Church’s investments is valued at more than P17 billion, mostly in BPI, Philex Mining, and San Miguel, not counting dozens of schools and hospitals the Church has directly and fully owned.

Mateo did not give breakdown of his estimate, but the former Bishop said that CBCP always doing everything to influence the President – but this time it will fail under Pres. Duterte. /Marites Cornejo/


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