Record debt not due to COVID-19 response

March 5, 2022

The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.

IBON Executive Director on January 2022 NG outstanding debt

March 4, 2022

Money to Vaccinate Everyone for Free

December 22, 2020

Duterte govt: Just Can’t Debt Enough

October 4, 2020

BY SONNY AFRICA

The debt crisis is already upon us – just not the kind that the economic managers and creditors are worried about where debt payments to lenders are interrupted.