THE DEPARTMENT of Finance (DoF) is looking to sell the government’s stake in the Subic-Clark-Tarlac Expressway (SCTEx), possibly to state pension funds, in order to boost revenues, Finance Secretary Ralph G. Recto said.
“We’re looking at selling those shares. Maybe the Social Security System (SSS) and Government Service Insurance System (GSIS) can buy them. So that these pension funds can earn,” he told reporters in mixed English and Filipino.
He said the revenue generated from this sale will be “fairly significant.”
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