Gov't seen to lose P20B due to Boracay closure
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The closure of Boracay for 6 months ordered by President Rodrigo Duterte might cost the government some P20 billion in gross receipts, an official said recently. "The estimate if we will go through the full 6 months, it could reach around 18 to 20 billion [pesos] potential loss in gross receipts. That's why it is not to the interest of everybody to go the full 6 months," said Interior assistant secretary Epimaco Densing in a Palace press briefing.
Gov't seen to lose P20B due to Boracay closure. (2018, April 08). Panay News, B1.
- Panay News