We named human beings – the management that stole money in the name of borrowing, the gamblers that took depositors funds to speculate on the stock market and manipulate share prices, the billionaires and captains of industry whose wealth actually was money belonging to the poor which they “borrowed” and refused to pay back.
Based on the statistics by the National Economic Development Authority (NEDA), the Philippine economy should have grown by at least one percentage point higher, at 6.6 to 7.2 percent in the first quarter, had the 2019 fiscal program been approved on time. Nonetheless, the government has crafted a “catch-up” plan to make up for the lower-than-planned state spending in the first quarter.