
Originally Posted by
jut703
Well, that's your choice if you want to focus on his gaffes rather than the good that the administration has done.
Off the top of my head, I'm impressed with the ff:
- Continuous credits rating improvement
- Consistently high GDP growth
- Conviction of Corona, JLN, Enrile/Estrada/Revilla
- Reforms in the BIR
All financial institutions that have touted the Philippines as the next big thing have attributed the country's development to the reforms pushed by the current administration. We're gaining momentum on the global scene.
My biggest gripe is the poor management of the MRT, but I think noone ever talks about the fact that MRTC was assured a 15% guaranteed return for 25 years. Imagine, come hell or high water, the company will be enjoying their profits. Naturally, the riding public will suffer as maintenance and improvement take a backseat.
One good solution is to buy out the contract and have the government manage the MRT, like how it does the LRT (hopefully they scrap the planned privatization of the LRT as well). It will be very expensive for the government, and will be hard to explain to the masses why they have to pay up instead of just abruptly terminating the contract with MRTC.
Among the presidential interviews I've watched/read, only Mar has discussed this extensively. I'm curious to know how other presidentiables are planning to act on the issue. Duterte's plan is to build a train system over the Pasig River - I don't see how that solves the MRT conundrum over the short and medium term.
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