fiscal deficit
10 things about the economy that the Duterte administration should admit
April 4, 2022
At its economic briefing, the Duterte government will likely hype growth, claim successful COVID response and play up so-called reforms. All this seeks to distract from how social and economic development has been set back by the administration even before the pandemic.
PH Debt: All’s well that swells
June 13, 2020
The finance department underscores the need for government to borrow from foreign sources to fund its economic recovery plan. Multilateral and country creditors have unsurprisingly exploited the situation and recycled funds to lend. But do we really need to borrow for COVID-19 response? How are we going to pay for all of these debts?
