Metro Manila traffic ‘most critical problem’ of next gov’t

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Metro Manila traffic ‘most critical problem’ of next gov’t

Which leader will solve Metro Manila’s crippling traffic problem? With traffic jams costing the country P3 billion a day and forecasts of an ‘uninhabitable’ Metro Manila in 5 years, metro traffic appears to be one of the critical challenges the next president will need to address. Experts says the problem is political will, not financing. John Forbes, a senior adviser at the American Chamber of Commerce in Manila, says “funders are ready.” The nation’s improved credit rating will allow cheaper loans, as well as expected help from the Japanese government and multilateral lenders. What is stopping many projects going ahead, experts say, is the nation’s chaotic and corrupt democratic system, as well as a strangling bureaucracy, which prevent infrastructure development.

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