This is a shift from the approach of former President Rodrigo Duterte's administration, which primarily preferred official development assistance to fund infrastructure projects.
The administration of President Ferdinand Marcos Jr. is turning to public-private partnerships to fund half of its multi-trillion peso infrastructure program, his finance chief said Friday.
Of the 194 major projects under the"Build Better More" infrastructure program, Diokno said 47 of these are of"PPP variety." This is a shift from the approach of former President Rodrigo Duterte’s administration — where Diokno served as budget chief and Bangko Sentral ng Pilipinas governor — which preferred ODA to fund its infrastructure items.
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