Tag: debt

Marcos Jr Administration Year One

Hulyo 4, 2023

The Marcos Jr government projected its first year as being full of sunshine. But this has failed to conceal the administration’s inaction and incapability to genuinely serve and keep its promises to the Filipino people.

Will World Economic Forum folks believe Bongbong?

Enero 16, 2023

The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.

The world’s converging crises: How did we get here?

Oktubre 20, 2022

The world economy is faced with converging crises – high debt levels, food and fuel inflation, weakening currencies, and a climate emergency that makes the planet’s very future uncertain. It’s a perfect storm for everyone, but it is having a disproportionate impact on poor countries and their poor populations.

National government outstanding debt as of July 2022

Setyembre 12, 2022

Amid 2023 national budget deliberations, the Marcos government proposes that a huge chunk goes to debt servicing. But the country’s bloated debt has not improved the lives of ordinary Filipinos.