Sell military golf courses to fund COVID-19 stimulus package, says Lagman - News Summed Up

Sell military golf courses to fund COVID-19 stimulus package, says Lagman


MANILA, Philippines — A lawmaker is proposing the sale of military golf courses to fund the P1-trillion stimulus package to cushion the effect of the COVID-19 crisis. ADVERTISEMENT“In my proposal for a P1-trillion economic stimulus, I identified the sale of government properties as among the funding sources for the stimulus,” Lagman said in a statement on Sunday. “These three golf courses have a total area of approximately 150 hectares of prime real estate which could fetch a total of more than P150-billion,” he added. “It would be recalled that in 1992, or almost two decades ago, 240 hectares of Fort Bonifacio was privatized, including an 18-hole championship golf course. Lagman earlier proposed a P1-trillion “stimulus package” to help families and businesses affected by the coronavirus disease (COVID-19) pandemic.


Source: Philippine Daily Inquirer April 12, 2020 07:30 UTC



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