By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
The Department of Finance (DOF) need not look very far if it wants to gain immediate revenue to shore up the country’s funds at this time of challenges coming from multiple fronts.
It can actually just train its sights on the Ecology Villages in Makati City. After all, the government owns the land on which the homes there stand.
The government’s problem lies in its failure to execute its long-standing plan to “enter into a short-term, month-to-month lease agreement with the unit owners for the continued use and occupation” of Ecology Villages, as expressed in February last year by the DOF’s Privatization and Management Office (PMO).
The PMO told the homeowners’ associations then, that the original lease agreement between the government and the Technology Resource Center Foundation Inc./Philippines Development Alternatives Foundation Inc. expired back in December 2002 without being renewed
