free webpage hit counter

Palace defends government’s over P4 trillion debt

MANILA, Philippines — Malacañang on Monday defended the over P4 trillion debt incurred under the administration of President Ferdinand Marcos Jr., saying it was primarily utilized for “growth-enhancing investments.” At a briefing, Palace Press Officer Claire Castro said the funds were used for projects in the infrastructure, education, agriculture, health, and social services sectors. READ:

About admin