6-month Boracay closure to cost gov't P20 B
Excerpt
The government may lose P18 billion to P20 billion in gross receipts or income while 35,000 workers will be displaced if Boracay is shut down for six months, thus the need to fast-track its rehabilitation. In a press briefing at Malacañang, Interior and Local Government Assistant Secretary Epimaco Densing III said “it is not to the interest of everybody to go the full six months” and “we have to fast-track everything.” “The only way to be able to do this is to ask everybody, all the stakeholders, to be part of the whole rehabilitation process,” he added.
Citation
Romero, A., Jaymalin, M., & Sy, M. (2018, April 6). 6-month Boracay closure to cost gov't P20 B. The Philippine Star, pp. 2, 3.
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