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+ Follow MARIE DENEROS AND CHARLES MARVIN ABALOS Tag
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MARIE DENEROS AND CHARLES MARVIN ABALOS
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By Ramil Bajo | April 21, 2014 - 12:00am
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The Marcos administration aims to raise P101.5 billion from privatization next year, primarily from the sale of the Caliraya-Botocan-Kalayaan hydroelectric power complex and the rehabilitation of the Agus-Pulangi hydropower assets, according to the Department of Finance.
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Despite last year’s progress, weak growth and high inflation are complicating further poverty reduction efforts, making it harder to achieve the eight to nine percent poverty rate goal by 2028, according to economists.
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