Comments on Former president NOYNOY AQUINO.

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Economic charter change - progress or exploitation? - CNN Philippines

We need foreign investment to augment further our economy. I'm quite baffled about the xenophobia stance of bayan muna.

[yhokz101]

Enough with the biddings and such.. Let coa handle that. I am waiting for this:

[rickflag]

Enough with the biddings and such.. Let coa handle that. I am waiting for this:

Kanus-a kaha ni nila buhaton kay motan-aw ko ug mo cheer. LOL

[makal34]

Enough with the biddings and such.. Let coa handle that. I am waiting for this:

pwde ipa apil ang mga minions niya..hahahaha

[johnjob]

kanus-a d i mahuman ang lrt 1, 2 years naman hehehe.

[Romeojin]

My statement refers to Bidder's Bank, are you referring to the same party?
You said "why would they tap local..." are you referring to the govt. or the bidder?

Take note: The bidders bank will become the primary obligor in these PPPs/ BOTs in case of default..

You're so far far away from the topic.

Bidders bank ? Seriously, we are talking about occured "contingent liabilities" already which the govt May shell out in the future because of the promises of "guarantees" by this idiot administration.
COA identified those, COA doesnt audit commercial banks These projects are on progress with potential liabilities already meaning they took out guaranteed loan by the govt, we are far from the bidding process

When I say "they tap" They - means both. Since the government guaranteed the loan, why would they use commercial banks than WB and ADB?

I think you are just talking about the bidding process of a NON-PPP projects and "show money" coming from their banks nothing to do with "contingent liabilities" as mention on these articles.


Take note:
Non-PPP projects are straight forward; lowest bidder wins with their own finances maybe loan from a bank.
If by loan and they exceed budget they have to answer to the bank. No liabilities coming from the government.

PPP projects depends on whats the agreement and complicated in nature; in case of a toll highway project, highest bidder wins that money goes to the govt as their share. The winning bidder builds the highway and collect the toll for a period of time (around 30 years) then turn it over to the govt cause of the agreed BOT rule.

If the winning bidder asks for loan assistance which in by agreement guaranteed by the govt hence the govt occurs potential liabilities if the private sector cant pay.
COA identified those and telling the people that we may pay for those.

Yes they can source loan from commercial banks if they opt for it. But this had nothing to do with what the COA findings of "contingent liabilities".

[Romeojin]

Gov?t extends anew submission deadline for qualification docs for P50B prison proj

50B prison project, the future homes of whom ? ? isip2x

[yhokz101]

Gov?t extends anew submission deadline for qualification docs for P50B prison proj

50B prison project, the future homes of whom ? ? isip2x

I give it to them.. they do know how to plan ahead and invest on their retirement home.

[yhokz101]

[æRLO]

Enough with the biddings and such.. Let coa handle that. I am waiting for this:

Saving the date