Gov't having no money for 'Odette' victims is 'impossible' -- Bayan Muna | Inquirer News

Gov’t having no money for ‘Odette’ victims is ‘impossible’ — Bayan Muna

/ 05:40 PM December 18, 2021

odette

This aerial photo taken on December 17, 2021, shows houses destroyed by Super Typhoon Rai (local name Odette) after the storm crossed over Surigao City in Surigao del Norte province. (Photo by Erwin MASCARINAS / AFP)

MANILA, Philippines — The party-list group Bayan Muna on Saturday said it is “impossible” to think that the government does not have the funds to assist victims of Typhoon Odette, considering that the country is the biggest borrower of the World Bank.

“It’s impossible to think that this administration has no more budget for aid to typhoon victims, considering that the Philippines is the World Bank’s biggest borrower,” said Bayan Muna chairperson Neri Colmenares said in a statement.

Article continues after this advertisement

President Rodrigo Duterte, in a public address on Friday, said he is still looking for funds to assist provinces that were hit by the typhoon as government coffers have already been depleted due to COVID-19.

FEATURED STORIES

“This admission of fund depletion paints a picture of how badly the Duterte Administration prioritizes its budget, especially in times of crisis, Neri Colmenares, who is gunning for a Senate seat in the 2022 polls added.

“The country has a history of being ravaged by typhoons, and it should have the budget to mitigate and provide immediate relief even while responding to the pandemic.”

Article continues after this advertisement

The country has borrowed $3.07 billion from the World Bank for the fiscal year 2021, surpassing India’s $2.65 billion which was the biggest borrower for the fiscal year 2020.

Article continues after this advertisement

READ: With $3.07B in loans, PH is World Bank’s top borrower

Article continues after this advertisement

Colmenares added that Duterte doubled the public debt to almost P12 trillion, from P5.9 trillion at the start of his administration.

The country still has a calamity fund spanning two fiscal years, with a P20 billion budget for 2021, according to Colmenares.

Article continues after this advertisement

“There are still funding sources for typhoon Odette victims, considering all the debt incurred in the past five years,” he said.

Colmenares said that to solve the country’s supposed financial woes, Duterte should realign the budget from other government bodies like the National Task Force to End Local Communist Armed Conflict (NTF-Elcac).

/MUF

RELATED VIDEO

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Rodrigo Duterte

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.