Philippines: Palace vows transparency in $160-B infra push as debt, corruption fears persist

Author(s): Dharel Placido | Date: May 15, 2017 | Language: English
Source: http://news.abs-cbn.com/ | URL: https://goo.gl/M8DZPC | Type: Text

Malacanang on Monday assured the public that transparency will be a paramount consideration as the Duterte administration embarks on an ambitious P8-trillion plan to build infrastructure around the country.
“By the end of six years, a total of 160 billion US dollars would have been spent or eight trillion pesos. For that, we need some sort of assurance that it will be well spent and it would go to whatever purpose it was meant to be,” Presidential Spokesperson Ernesto Abella said during the “Dutertenomics in China” event in Beijing.
“[To] ensure speedier and transparent implementation of infrastructure projects, we will harness and not only closely monitor every stage of each project. We will also harness the public, the media, and the business community in keeping watch of projects and alerting us on any problems and issues.”