The national government will be prioritizing which state-funded projects will be submitted for Public-Private Partnership (PPP) financing, according to the Department of Finance (DOF).
THE national government will be prioritizing which state-funded projects will be submitted for Public-Private Partnership financing, according to the Department of Finance .
“Projects that fit into the approved master plans and connect regions would be given priority to ensure that all Filipinos benefit from economic growth,” Diokno said in a statement. The revised IRR, Diokno said, determines the true cost of infrastructure or development projects to the government, consumers, and taxpayers.
The revisions empower various regulatory agencies by giving them the freedom to carry out their duties and responsibilities, while introducing new oversight mechanisms to safeguard compliance with PPP obligations by both implementing agencies and private sector applicants.
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