Tag: debt
Yearstarter: Seeking better normal in 2022
Enero 14, 2022
The administration that is exiting and the new one entering can take a more rational and humane approach to recovering and reforming the economy.
Duterterioration of the Philippine economy
Hunyo 3, 2021
Under the Duterte administration,the Philippine economy was already weak before the pandemic and made worse by inept COVID-19 response.
Duterte’s Borrowing Binge
Disyembre 22, 2020
Php92,190 DEBT PER FILIPINO. Government’s outstanding has reached a whopping Php10 trillion so far under the Duterte administration as of October. With a 108.8 million population and 24.7 million families, each Filipino in effect owes Php92,190 and each Filipino family owes Php405,636. Half of families earn Php22,000 or less monthly – which means that the […]
Duterte govt: Just Can’t Debt Enough
Oktubre 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.
Duterte’s Borrowing Binge as of May 2020
Hulyo 11, 2020
Duterte’s Pandemic Borrowing
Hunyo 30, 2020
The Duterte administration’s foreign borrowing has continued to rise during the pandemic. How much is really to respond to COVID-19, and how much for debt-driven growth and the illusion of development?
PH Debt: All’s well that swells
Hunyo 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?
Duterte’s Borrowing Binge
Marso 3, 2020
