Yes, the Chinese loans are onerous
Don’t roll your eyes just yet, Reader. This week a “controversy” arose between Senior Associate Justice Antonio Carpio and presidential spokesperson Sal Panelo. The DOF then joined in to “clarify” the issues.
Looking at the issue of foreign aid
In a way, it is good that this whole brouhaha about the Philippines turning down the European Union’s aid—280 million euros worth over a three-year period—has come to light. In a way. Because it forces the country to look at the whole issue of foreign aid and its importance to us, and our development.
