Lacson: Sell losing government properties to fund COVID-19 pandemic response efforts

Published May 19, 2021, 10:34 AM

by Mario Casayuran

Senator Panfilo M. Lacson on Wednesday, May 19 supported a plan of President Duterte to sell government properties to finance COVID-19 pandemic response efforts.

In a statement, Lacson said an audit and inventory of all these assets should be conducted posthaste.

‘’The government should retain only those that generate revenue, and sell the rest,’’ he pointed out.

‘’It bears repeating that this is an extraordinary time that calls for extraordinary measures, for the survival of our people and the whole country,’’ he added.

While it is a mark of a true leader to consider any measure – no matter how extraordinary – to save us all, proper and prudent steps must be taken in consideration of the country’s long-term survival, thus avoiding that future generations of Filipinos would be left with nothing, Lacson emphasized

Lacson said there are a number of Government-Owned and Controlled Corporations (GOCCs) with real estate and other assets, but receive subsidies from the national government year in and year out, mainly because they are mismanaged – if not being used as cash cows by unscrupulous officials.