Philippines’ Aquino says will end wastage of public money

MANILA, July 26 (BestGrowthStock) – Philippine President Benigno
Aquino III said on Monday the government will stop wastage of
public money in infrastructure and other government deals.

In his first state of the nation address after winning the
presidential elections in May, Aquino said his government has
received interest from local and foreign investors willing to
enter into private-public partnerships for infrastructure
projects, among others. “What is clear now is any change will
come from ensuring that wastage and excess will end. From now
on, we will stop the wastage of public money,” he told a joint
session of Congress.

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(Reporting by Manny Mogato and Karen Lema; Editing by
Rosemarie Francisco and Sugita Katyal)

Philippines’ Aquino says will end wastage of public money