LONDON/MANILA -- The Philippines' finance secretary said the country can finance its planned sovereign wealth fund with revenue from the privatization of state-owned casinos and the sale of assets like power plants.
Economy
Philippines weighs casino, power plant sale to seed wealth fund
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Philippine President Ferdinand Marcos Jr.'s government says the privatization of state-run casinos could provide capital for a planned sovereign wealth fund. (Nikkei montage/Reuters)
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