The price of borrowing without meaningful results

The price of borrowing without meaningful results

FINDING ANSWERS The Philippines is borrowing more while its economy grows less, and future generations will pay the price. As debt keeps piling up, many ask a troubling question: What is the country getting in return for the money it borrows? With national debt reaching ₱19.6 trillion, growth slowing and corruption controversies undermining confidence, the country faces a dangerous mismatch: its financial obligations are mounting faster than the economic gains needed to sustain them. Former Ba

FINDING ANSWERS The Philippines is borrowing more while its economy grows less, and future generations will pay the price. As debt keeps piling up, many ask a troubling question: What is the country getting in return for the money it borrows? With national debt reaching ₱19.6 trillion, growth slowing and corruption controversies undermining confidence, the country faces a dangerous mismatch: its financial obligations are mounting faster than the economic gains needed to sustain them. Former Ba

This article was originally published by Manila Bulletin.

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