Bayanihan 3: Beneficial or burdensome?

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Philippine Star

Elijah Felice Rosales – The Philippine Star September 27, 2021 | 12:00am Special Report: (Conclusion)MANILA, Philippines — In a budget hearing on Sept. 9, Senate Minority Leader Franklin Drilon said the economic team should just exceed its debt and deficit ceilings, similar to what other emerging markets are doing, to widen financial support during the pandemic. Finance Secretary Carlos Dominguez III rejected the proposal. He said he wants the Philippines to tread deficit spending with caution. For him, resources should be conserved in the event that the health crisis drags on with the mutatio…

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