Read this in The Manila Times digital edition.
THE government is looking to relax privatization rules to allow it to facilitate the sale of idle assets and raise more revenues, a senior Finance department official said on Tuesday.
"What we're trying to do right now is amend the guidelines, the PrC (Privatization Council) guidelines, to make this position easier. We need to raise a lot of funds," Finance Undersecretary Catherine Fong told reporters at the sidelines of an infrastructure forum.
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