Philippines’ Duterte orders review of all government contracts

Philippine President Rodrigo Duterte ordered a review of all contracts to ensure none puts the country at a disadvantage. (AFP)
Updated 02 April 2019
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Philippines’ Duterte orders review of all government contracts

  • Review ordered to ensure none puts the country at a disadvantage
  • It was unclear how many contracts will be up for review

MANILA: Philippine President Rodrigo Duterte ordered a review of all contracts entered into by the government with companies and other countries to ensure none puts the country at a disadvantage, his spokesman said on Tuesday.
The Office of the Solicitor General, the Department of Justice secretary and all legal departments were tasked to conduct the review, spokesman Salvador Panelo told a regular news conference.
The review would “determine whether there are onerous provisions in the contract that would put the Filipino people in disadvantage or in violation of the constitution,” Panelo said.
It was unclear how many contracts will be up for review.


Egypt agrees to pay Israel $500 million to end gas dispute

Updated 50 min 33 sec ago
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Egypt agrees to pay Israel $500 million to end gas dispute

CAIRO: Egypt says it has struck a deal with the state-owned Israel Electric Corp. to settle a fine for halting deliveries of natural gas.
A statement from Egypt’s Petroleum Ministry said the settlement deal, which was signed Sunday, would reduce the $1.7 billion fine to $500 million.
It says Egypt will pay the amount over eight and a half years.
In return, the Israeli company would drop other claims resulting from a 2015 arbitration decision.
Israel Electric had sued the state-owned Egyptian General Petroleum Corporation and Egyptian Natural Gas after a 2005 deal to export natural gas to Israel collapsed in 2012 amid militant attacks on a pipeline in the Sinai Peninsula, where Egypt has been battling insurgency for years.
Israel relied on the pipeline to meet its energy needs.