All onerous water deals will go to the garbage bin – Guevarra

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MANILA, Philippines—Justice Secretary Menardo Guevarra on Thursday assured that all onerous provisions on agreements with water concessionaires will go to the trash bin.

“One thing is 100 percent sure, all the onerous provisions will go to the garbage bin in both new agreements,” Guevarra said.

Guevarra is hopeful that the new water deal will be concluded within the month.

He said members of the water concession agreement review committee met on Wednesday and worked out the final few remaining issues, which were mainly financial and commercial terms.

The review panel also included representatives from the Office of the President, the Department of Finance, the Office of the…

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