DOF: Gov't Left With No More ‘Crown Jewel' Asset To Sell
Manila Bulletin|August 31, 2021
As the government looks for money to run a nation grappling with the impacts of the prolonged pandemic, President Duterte’s chief economic manager revealed that selling state assets is no longer the best option.
Chino S. Leyco
DOF: Gov't Left With No More ‘Crown Jewel' Asset To Sell

“We don't have any more crown jewels,” Finance Secretary Carlos G. Dominguez III said, referring to high-value public assets such as land and shares of stock that can be easily sold to raise substantial fresh revenues. “That has been privatized by previous administrations already.”

President Duterte has been pushing for the disposal of several state-owned assets to shore up government revenues. Dominguez has identified a couple of government mining assets and thousands of land titles that can be put up for bidding.

But “these are not chunky assets anymore, like before you had big assets like banks, etc.,” Dominguez said.

Diese Geschichte stammt aus der August 31, 2021-Ausgabe von Manila Bulletin.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der August 31, 2021-Ausgabe von Manila Bulletin.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MANILA BULLETINAlle anzeigen
Taking care of older persons is the collective concern of the citizenry
Manila Bulletin

Taking care of older persons is the collective concern of the citizenry

The International Day of Older Persons is observed on Oct. 1 each year.

time-read
2 Minuten  |
October 1, 2021
Promoting safe driving in the new normal
Manila Bulletin

Promoting safe driving in the new normal

Ford Driving Skills for Life

time-read
2 Minuten  |
October 1, 2021
ON MANNY PACQUIAO - You're the greatest – Roach
Manila Bulletin

ON MANNY PACQUIAO - You're the greatest – Roach

From one legend to another.

time-read
2 Minuten  |
October 1, 2021
NAT'L BASKETBALL ASSOCIATION - PAY CUTS FOR NO VAX PLAYERS
Manila Bulletin

NAT'L BASKETBALL ASSOCIATION - PAY CUTS FOR NO VAX PLAYERS

NBA poises crackdown on those who refuse to get vaccinated

time-read
1 min  |
October 1, 2021
Duterte renews commitment to infra dev't
Manila Bulletin

Duterte renews commitment to infra dev't

With only months left in his term, President Duterte reassured the public that his administration remains committed to its promise of infrastructure development aimed at making the Philippines a progressive nation.

time-read
2 Minuten  |
October 1, 2021
Sustain Our Teachers' Enthusiasm; Enable Young Learners To Hurdle The Learning Crisis
Manila Bulletin

Sustain Our Teachers' Enthusiasm; Enable Young Learners To Hurdle The Learning Crisis

For 10 years now, the period from Sept. 5 to Oct. 5 of every year has been observed as National Teachers Month (NTM), by virtue of President Benigno S. Aquino III’s Proclamation No. 242. The observance culminates on Oct. 5 that, by virtue of Republic Act 10743, is observed as World Teachers Day (WTD) and National Teachers Day (NTD) pursuant to a UNESCO mandate.

time-read
2 Minuten  |
September 30, 2021
Love knows no borders
Manila Bulletin

Love knows no borders

Pangasinense couple weds at checkpoint

time-read
3 Minuten  |
September 30, 2021
The Next Election Is No Waste Of Time
Manila Bulletin

The Next Election Is No Waste Of Time

An appeal to the young who can influence the outcome of the upcoming elections

time-read
4 Minuten  |
September 29, 2021
US Olympian Biles Says She Should've Quit Earlier
Manila Bulletin

US Olympian Biles Says She Should've Quit Earlier

Gymnastics

time-read
1 min  |
September 29, 2021
Drones And Jets: China Shows Off New Air Power
Manila Bulletin

Drones And Jets: China Shows Off New Air Power

ZHUHAI, China (AFP) — China on Tuesday showed off its increasingly sophisticated airpower including surveillance drones and jets able to jam hostile electronic equipment, with an eye on disputed territories from Taiwan to the South China Sea and rivalry with the United States.

time-read
1 min  |
September 29, 2021