The Philippine government as of the moment have already debt reaching almost 10 trillion pesos or accumulated to be 200 million USD which is said to be used for the response this pandemic but the citizens seems not to be feeling where does the fund get into?
Wait, Php 10 trillion seems very [https://en.m.wikipedia.org/wiki/National_debt_of_the_Philippines] excessive[/url] figure isn't? , I guess it's safe to say almost Php 9 trillion like what most of the article in the internet.
I guess you are misinformed about the cumulative Php 8.6 trillion Philippine debt?
* Gloria Arroyo's term left a Php 2 trillion debt to the next administration.
* Aquino's administration left Php 4 trillion+ debt to the next administration.
* Currently, the Duterte administration have Php 2 trillion+ debt to combat the pandemic and other economical expenses.
And that's how you accumulate the almost Php 9 trillion over all debt of the PH.
Please refer to this link for additional info (this is 4 years ago before the Duterte administration) :
https://www.google.com.ph/amp/s/newsinfo.inquirer.net/766619/next-president-to-inherit-p6-4-t-debt-freedom-from-debt-coalition/ampNow, do you still question the current administration where the budget landed?
Aquino admin made more debt than Duterte admin, WITHOUT THE PANDEMIC.
How much more If the Corona virus blew during the Aquino administration?