President Rodrigo Duterte has repeatedly said that the country has "no more funds. Experts, however, countered the government's claim by saying that funds were allocated for infrastructure projects that are not urgent. The economic managers' strategy led to a handout of only P1, per person or up to P4, per low-income family when strict lockdowns were reimplemented in some areas in August. It is free The government gets this Pbillion bonanza from the IMF, which it should use transparently and properly," Monsod said.
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Other statistics on the topic. International Inflation rate in the Philippines Aaron O'Neill. Research expert covering historical data.
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