Protest vs Maharlika Investment Fund
Feeling left out, some sectoral activists vented in protest in front of the Bangko Sentral ng Pilipinas in Quezon City on Wednesday afternoon, May 31. Their placards say it all.
Feeling left out, some sectoral activists vented in protest in front of the Bangko Sentral ng Pilipinas in Quezon City on Wednesday afternoon, May 31. Their placards say it all.
The COVID-19 pandemic forced the government to borrow at the historic level of P3.2 trillion to manage the unprecedented health and economic crises that included providing stimulus packages for small businesses, unemployment benefits, incentives and financial assistance for health and other essential workers. The national debt in 2021, a year after the pandemic hit, reached […]
Sa simula ng 2023, iniulat ng isang international debt watcher na ang Pilipinas ay kabilang sa ilang mga bansa na makakakita ng pagbaba sa kanilang debt stock “ng ilang percentage points” batay sa inaasahang mataas na nominal GDP growth.
Kabilang sa mga unang nagpahayag ng mga reserbasyon sa panukalang Maharlika Investment Fund (MIF) bill, si Bangko Sentral Governor Felipe Medalla ay sumama sa iba pang economic managers sa pagsulong ng batas nito, na nagsasabing ito ay isang “sinubukan at nasubok” na investment vehicle for growth. Ito ay nangangailangan ng konteksto.
Bangko Sentral Governor Felipe Medalla, who initially voiced reservations over the proposed Maharlika Investment Fund (MIF) bill, has joined other economic managers in pushing its legislation, saying it is a “tried and tested” investment vehicle for growth. This needs context.
A Facebook (FB) page has falsely claimed that a new banknote with a 150 face value featuring the face of Dr. Jose Rizal will be issued. On May 30, the page published a collage of peso bills and a coin. Aside from a fake note with Rizal’s face, the post included a P500 bill with […]
A Facebook (FB) video rehashed an old news story about a case filed against former President Benigno “Noynoy” Aquino III and six others based on a fake document. Graft and plunder charges were filed in the Office of the Ombudsman on Jan. 7, 2017 against Aquino, former Interior Secretary Mar Roxas, Senator Franklin Drilon, Senator […]
A video on Facebook (FB) falsely claims that the Bangko Sentral ng Pilipinas (BSP) has in storage tons of gold supposedly owned by the late President Ferdinand Marcos, Sr. The BSP called this a myth. On May 25, a false FB video on the supposed gold owned by the Marcoses appeared bearing the title: “MARCOS […]
An officer from the Bangko Sentral ng Pilipinas said the circulating banknote design was “edited.”
While some people pointed out that the post was a parody, many netizens thought otherwise.