2023-09-21 22:31
Neda chief supports banning Pogos, agrees on ‘social costs'
FILE PHOTO: Socioeconomic Planning Secretary Arsenio Balisacan. INQUIRER FILES Socioeconomic Planning Secretary Arsenio Balisacan on Thursday said he would recommend to President Marcos the permanent ban on Philippine offshore gaming operators (Pogos) in the Philippines. 'Personally, yes, if I'm asked,' Balisacan told reporters in Malacañang. He said at a Palace briefing that 'the social costs are quite high' compared to the revenues the government has been receiving from Pogos. 'The costs, especially social costs, are quite high, and we don't think that the benefits in terms of the revenues generated and the impact on the economy are worth the cost,' Balisacan said when asked about the position of the National Economic Development Authority (Neda) on the 120-page Senate report recommending the permanent ban of Pogos in the country.
https://newsinfo.inquirer.net/1835158/neda-chief-supports-banning-pogos-agrees-on-social-costs
#inquirer
https://newsinfo.inquirer.net/1835158/neda-chief-supports-banning-pogos-agrees-on-social-costs
#inquirer