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Haltto'PCSO games
stillgoodforbiz DOF ,?fi,
By BERNADETTE D. NtcoLAs t @BNi.olasBM order last Friday, lawmakgrs $ave
BurcH FERNANDEZ Y @butchlBM, also called for an investigation,to
& JovtE MARrE N. DrLACRuz' @ioveematie assess the impact ofthis directive.
While Lambino said it is too
tTtHE Department of Finance (DOF) said early to tell the imiact on this as-
pects, he is positive that the move
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on Tuesdav that President Duterte's will produce favorable results in
I order to stispend gaming activities under the long run in terms of increasing
government revenues.
the Philippine Charity Sweepstakes Office "It's abit early in the game [but]
(PCSO) in a bid to stop "massive corruption" I think the ultimate outcome of
this 4s the corruption issues are
will boost investor confidence in the country addressed, PCSO will be able to
instead of dampening it, as critics warned) ' provide more revenue support to
our priority programs. So again,
it remains to be seen. We are as-
DOF spokesman and Assistant cally for the Philippines. It is one sessing all ofthe factors but in the
SecretaryAntonio Joselito G. Lam- of the top 3 concerns so I think as end, we will have more resources
bino I1 argued that corruption is one corruption issues are addressed, because corruption would have
ofthe tpp concernsbyinvestors, so investor confidence will increase," been addressed," he said.
addressing this will bode well for Lambino said. Lambino reiterated that he
the country. This, even as lawmak- However, local economists in- sees little impact of ttte:iCSO
ers in both chambers prepared to terviewed by BusrNrssMrnnon games' suspension on the Univer-
launch their own inquiry into the shared a different view of the mat- sal Health Care funds, since the
allegations of corruption that trig- ter, addingthat the President's de- agency's share in the UHC's fund
gered the sudden suspensionofthe cision to shut down PCSO's lotto is onlv P3 billion or less than 1.2
games, includingthe popularLotto, operations, among others, will p"r."rra of ,hu ,o,al P257 billion
effective Saturday. have dire consequences on inves- required by UHC in 2020.
"I think a reduction in corrup- torconfidence as well as the public This is why, he said, they arti
tion is something that increases health programs. focusing their efforts on. passing
confidence, so if you look at the Private sector economist Calixto the increasingthe taxes on alcohol
surveys, like the World Economic V. Chikiamco said the President's products as well as raise taxes on
Forum for instance, one ofthe top decisionposes a greater risk which heated tobacco andvaporproducts.
concerns is corruption. Thatis one is "increasedinvestmentuncertain-
of the things that investors con- ty and policy instability which will 'Not adiversion'.
sider as a disincentive to invest in turn offinvestors." IN a related ilerieloprneirt on
a country. That is the case specifi- Following the Presidentt veibal SEB "PcsO,"A2
spearhead an inquiry into alleged PCSO's budget for nextyeaL" it provides that no person shall be
separate interview anomalies in the PCSO and Phil- He clarified that while gaming deprived. of life, liberty and prop
Panelo also saiditis nottrue that Health. outlets have been closed, PCSO re- erty without due process of law.
the decision to shut down PCSO At the same time, Go noted that mains open for medical financial
gaming operations was meant to While it is true that you were able
Senator Panfilo Lacson had also a6sistance. to cancel a franchise [however] it
favor Chinese-dominated Philip, disclosed Health Secretary Fran- The former presidential aide-
pine Offshore Gaming Operations cannotle done arbitrarily landJ it
cisco Duque III's alleged "conflict turned-senator disclosed that the has to have process with hearing
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(Pogos), which resulted in rhe in- of interest" in some PhilHealth President was prompted to order the other side," he added.
flux of illegal Chinese workers in transactions in a privilege speech the suspension of gaming activi-
the country and illegal gambling
"If you believe that the fran-l
at Monday's,plenary session. ties upon receiving reports of ch ise was secured by
like jueteng. corruption or
Signal ing his readiness to chair cofruption from newly appointed there was no remittance, therefore
Senator Risa Hontiveros earlier the Health Committee inquiry, Go PCSO General Manager Royina there has to be a notice from thC'
expressed concern that the Presi. affirmed his willingness "to set Garma. other party, the franchise holder,
dent is setting double standards aside friendships" as what Duterte "She told the President that she
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for them to be able to explain why,
as he seemed to be heavy handed advised him to do, adding: "The needs his helpbecause she's having whetlter their contracts are through
againstselectedlocallicensed gam- Presiden t told me to always do what a hard time stamping out corrup- corruption. Then after that due
bling operaL ions, such as PCSO, is right."
while being lax toward Chinese He, however, clarified he has
tion at the PCSO and that in the
past few months, PCSO has been
notici and hearii!, ;il;il"";; l