VERA Files
Reacting to the country’s 8.1% inflation rate posted in December 2022, President Ferdinand “Bongbong” Marcos Jr. noted that the increase in prices of goods and services is slowing. This needs context.
Bilang reaksyon sa 8.1% inflation rate ng bansa na naitala noong Disyembre 2022, sinabi ni Pangulong Ferdinand “Bongbong” Marcos Jr. na bumabagal ang pagtaas ng presyo ng mga bilihin at serbisyo. Ito ay nangangailangan ng konteksto.
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.
Sinabi ni Pangulong Ferdinand Marcos Jr. na ang kanyang administrasyon ay naglalagay ng “patuloy na tulong” para sa proteksyong panlipunan at kabuhayan “sa tuktok” ng listahan ng prayoridad nito. Ito ay nangangailangan ng konteksto.
Although the Marcos administration placed “social protection” as one of its budget priorities for “human capital development,” Sonny Africa, executive director of the nonprofit IBON Foundation, noted that the total allocation for these programs in 2023 is P33.28 billion less than the P262.67 billion for 2022.
In a briefing with reporters, Ilocos Norte Rep. Sandro Marcos blamed the strong dollar for the weakening of the peso, noting that the Philippines is not the only country experiencing currency depreciation. This needs context.
Sinabi ni Press Secretary Trixie Cruz-Angeles na ang dahilan ng pagtaas ng inflation sa bansa ay ang peso-dollar exchange rate na bumagsak sa pinakamababang halaga, at “hindi dahil sa anumang lokal kadahilanan.” Ito ay nakaliligaw.
Sonny Africa, executive director of IBON Foundation, told VERA Files Fact Check in an email that while rising global prices of food and the depreciation of the peso, driven by interest rate hikes in the United States, are indeed immediate inflation factors, the government has “direct control over factors like the excise and value added taxes it puts on goods and services consumed or, like fuel, used to produce other goods and services.”
Sinabi ni Pangulong Ferdinand Marcos Jr. sa United Nations General Assembly (UNGA) na ang Pilipinas ay nananatiling “on track” para maabot ang upper middle-income status sa 2023 “sa kabila ng mga hamon ng pandemya at ng pagkadiskaril ng pandaigdigang ekonomiya.” Ito ay nangangailangan ng konteksto.