“There is no such thing as ‘no cost to the government’ - there is always a cost, and the cost is either borne by the government or by the taxpayer, or by the user of PPP projects”, Dominguez said.
MANILA: The Philippines’ Finance Secretary Carlos Dominguez III (pic) assured the public that neither the government nor taxpayers would be on the losing side in deals entered into with the private sector for big-ticket infrastructure projects.
Dominguez told the House committee on ways and means that at the start of the Duterte administration, it reviewed the projects undertaken through the public-private partnership (PPP) mode, amid rising contingent liabilities.
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