BUSINESSWORLD: PROF BEN DIOKNO
I know that in addition to poor budget prioritization, there is a problem with Executive Department's poor 'absorptive capacity' (a.k.a. incompetence). I know that public-private partnership (PPP) initiatives have not moved because of deeper and more complicated problems, such as restrictive constitutional provisions which discourage foreign direct investments, lack of credibility, policy inconsistency, and failure to honor contracts.
I know that in addition to poor budget prioritization, there is a problem with Executive Department's poor 'absorptive capacity' (a.k.a. incompetence). I know that public-private partnership (PPP) initiatives have not moved because of deeper and more complicated problems, such as restrictive constitutional provisions which discourage foreign direct investments, lack of credibility, policy inconsistency, and failure to honor contracts.
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