Tags: Philippine debt

‘Deeper in debt but shallow in COVID-19 response, aid to the poor’

Despite these loans, government was only able to spend P98.3 billion for 17.5 million households as of June 27. According to independent think-tank Ibon Foundation, the subsidy amounts to just P53 per family or P12 per person per day for the past 106 days since the COVID-19 lockdown started. By ANNE MARXZE D. UMIL Bulatlat.com…