Business

Gov’t counting on generous corporations to survive Covid-19

COVID-19 funding is scarce, but the government may be able to make ends meet with the help of the country’s corporate giants.

President Rodrigo Duterte on Monday night said he was open to disposing the government’s real estate assets in Japan as a last ditch effort to raise funds for relief and response efforts against Covid-19.

“Alam po ninyo, ito ay isang suhestiyon lang kung kinakailangan pa natin ng pondo para sa COVID response. Pero fortunately maraming gaya ng Razon Group, nandiyan na rin po ang MVP Group, nandiyan na rin po iyong Ayala Group, na tumutulong naman po sa gobyerno sa pagbibigay po ng mga pangangailangan natin sa COVID,” Roque said.

“Sana po hindi na kinakailangang magbenta ng mga assets,” Roque added.

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