The Philippine government has no choice but to borrow money to finance its pandemic response, but experts say Filipinos shouldn’t worry too much over borrowings. What’s important is that money is spent to allow the country to recover quickly and repay the debt.
Watch this video explainer produced by the Usapang Econ for the Philippine Center for Investigative Journalism.
Read here for a text version of the report.
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— PCIJ, September 2021