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Gov't to maintain P22-B revenue target for privatization program.
The Committee on Privatization (CoP) will meet with the International Monetary Fund (IMF) next week to discuss the attainability of the government's privatization program.
A CoP official said the government will not lower its P22-billion target as it is "confident" the sale of five big-ticket items will be completed by the end of the year.
"We believe we can attain the target so we are not changing anything," the official, who requested anonymity, said.
The source added the CoP, the privatization arm of the Department of Finance (DoF), will present to the IMF the method and timetable for the five firms' sale.
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