Privatization of Philippines Casinos Gains Secretary’s Support

Benjamin Diokno, the Philippines’ Department of Finance Secretary, announced the plans for the Philippines casinos. The plans for privatization have been recently resurrected, and PAGCOR is about to privatize them.

Diokno claimed that it isn’t right that the agency keeps fulfilling two roles, both of a regulator and an operator.

In the middle of the debate about the potential creation of the sovereign wealth fund, Diokno spoke to local media about these events.
 
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