THE National Economic and Development Authority (Neda) has recommended the inclusion of sunset provisions in government agreements to avoid onerous terms in future contracts.
In a briefing on Thursday, Neda Undersecretary for Policy and Planning Rosemarie G. Edillon said the government does not tolerate onerous contracts that could undermine the welfare of Filipinos.
Edillon said the lessons from the government’s contracts with the water concessionaires, as well as Chevron Philippines Inc. (CPI) requires changes in how government deals with private entities.