Palace: Debt moratorium not an option in boosting COVID-19 response

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The Philippine government is not considering debt moratorium in augmenting funds for its coronavirus disease (COVID-19) response, Malacañang said. | KAguilarINQ

“Pag tayo nag-default sa isang pagkakautang natin, magdedefault po tayo sa lahat ng pagkakautang natin. And mas madugo po ang mangyayari dyan kung lahat po ng ating pinagkakautangan ay sisingilin tayo ng sabay sabay,” he explained.which she said could augment over P1 trillion for those affected by the pandemic.saying it will “never” be part of the government’s crisis response measures.

“Ngayon naman po, sapat naman po ang pondo ng gobyerno. At kung hindi po sapat yan, magbebenta muna ng ari arian ang gobyerno bago po tayo magdefault sa ating mga obligasyon,” Roque said.should funding for efforts against COVID-19 be exhausted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

KAguilarINQ Any tweet regarding the Opposition and detractors of the govt to set aside politics and after covid 19 dun n lang ang bakbakan-Harry Roque.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines