PSALM raises $19B from privatization

By The Manila Times

Nov 19, 2015 9:09 pm

STATE-run Power Sector Assets and Liabilities Management (PSALM) Corp. said it generated a total of $19.878 billion or P935.8 billion from privatization efforts in the first quarter of the year.

PSALM said the actual collection amounted to $9.577 billion, or about P450.8 billion, with the balance of $10.30 billion yet to be collected.

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