GRACE POE ON PAL's P6-B DEBT SETTLEMENT TO FUND FREE TUITION IN SUCs, LUCs

Given that the outstanding arrears of PAL amounts to P6.91 billion for navigational charges, I think that the settlement of P6 billion is acceptable. The amount is actually more than what the government can substantiate with invoices, which is only P3.6 billion. In addition, the money will go to a noble and much-needed govt program -- that of free tuition for SUCs, the funding of which is an immediate concern. The settlement will also prevent time lost on protracted litigation and allow both parties to save on expenses for legal fees. The settlement expedites the collection proceedings and for me, this is a good compromise.