Showing posts with label equity value buyout (EVBO). Show all posts
Showing posts with label equity value buyout (EVBO). Show all posts

Monday, December 08, 2014

Can We Afford MRT Buyout

The Senate is effectively aborting the planned government takeover of the breakdown-prone Metro Rail Transit (MRT) 3 next year.Senators are insisting on their decision to take out the P53.9-billion appropriation in the proposed P2.606-trillion 2015 national budget for the buyout plan even if the House of Representatives would insist on retaining it.