Monsod: Mining firms do not deserve incentives
MANILA, Philippines - Former economic planning secretary and economics professor Solita "Winnie" Monsod said the government should not grant incentives to mining firms because they will invest their money here anyway.
She said that, unlike export-oriented and "footloose" investments, mining firms come to the Philippines, a mineral-rich country.
She belied previous statements of the mining companies that they are a growth driver in the Philippine economy.
She spoke to Move.PH's Lala Rimando at the sidelines of the Punongbayan & Araullo business forum in Shangrila Hotel Manila on October 19.
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More on #WhyMining:
- Shaping the future of mining
- EO: No new mining contracts
- The Mining EO: A mixed bag
- Mining E.O. not perfect, but very good
- CONVERSATIONS: What are your thoughts on the mining EO? #WhyMining
- Mining E.O. pits gov't vs local execs
- Correcting lies and disinformation
- Stand for the environment
- How can mining work for Philippines?
- Mining is a social justice issue
- REPLAY: #WHYMINING
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