Escudero warns gov’t vs NGCP buyback: Policy U-turns can be destabilizing
MANILA, Philippines— Senator Francis Escudero is opposing proposals to buy back the government’s 40 percent stake in the National Grid Corp. of the Philippines (NGCP), warning that “policy U-turns can be destabilizing and surely expensive.” “I don’t support it. Not until I read the fine print and subject it to a thorough study,” Escudero said. […]
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