A plan of the Department of Transportation and Communications (DOTC) to buy out the Metro Rail Transit Corp. (MRTC) is unlikely to happen as Sen. Sergio Osmeña 3rd expressed objection to a P53-billion item in the 2015 proposed budget intended for the purchase.
Osmeña, during a Senate finance committee hearing on the budget of the Department of Budget and Management (DBM), on Tuesday expressed doubt that the government could even carry out its plan to buy out MRTC since the company has no intention to sell in the first place.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.