Tag page - Duterte administration

Opposition Senator Leila de Lima on Friday maintained that President Duterte is the driving force behind the unabated spate of killings and human rights abuses in the country because he continues to promote a culture of violence and impunity. Senator Leila de Lima (JANSEN ROMERO / FILE PHOTO /...

The Duterte administration borrowed a record P2.74 trillion last year to bridge the ballooning budget deficit induced by the coronavirus pandemic, data from the Bureau of the Treasury showed. The national government’s gross borrowings accelerated by 170 percent in January to December last year to...

 The Duterte administration has borrowed P741.59 billion from foreign creditors last year for the country’s coronavirus response, the Department of Finance (DOF) said. Data from the DOF’s International Finance Group (IFG) showed that the government has contracted a total of $17.06 billion,...

The Duterte administration has so far borrowed close to $10 billion to fund the national government’s coronavirus response, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the national government’s financing support for COVID-19 from...

Government borrowings breached the P2 trillion mark in August this year as the Duterte administration needed funds to bridge the gap between its dwindling revenues and required spending level amid the coronavirus-induced recession....