BY DENNIS GADIL The Aquino government is abandoning its predecessor’s privatization strategy by favoring long-term lease on prime real assets over outright sale, Finance Secretary Cesar Purisima said. "We will review our privatization strategy. We want to continue to raise income without selling the nation’s jewels," he said. He said the Department of Finance (DOF) is finalizing its inventory of all government assets and will soon determine which prime properties will be privatized. He...
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