Noynoy Aquino, Tinaguriang “Biggest Loan Addict” sa lahat ng mga presidente since 1986 – FDC

Noynoy Aquino, Tinaguriang “Biggest Loan Addict” sa lahat ng mga presidente since 1986 – FDC

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Noynoy Aquino, Tinaguriang “Biggest Loan Addict” sa lahat ng mga presidente since 1986 – FDC

Sa pahayag ng Department of Finance, only the Aquino Administration of Noynoy ay may pinakamalaking utang , debt indicators we have ever since 1986.

Sa ulat ng rappler: Noynoy Aquino, is a total failure in addressing the Philippines’ entrapment in a cycle of debt dependence,” FDC said in a statement on Friday, February 19, adding that Aquino had even eclipsed former president Gloria Macapagal Arroyo as the biggest borrower among Philippine leaders since 1986.

According to FDC, Aquino will leave his successor with P6.4 trillion ($134.46 billion) of national government outstanding debt, of which P4.16 trillion ($87.39 billion) are borrowings made during his term. (READ: National debt at P5.954 trillion, up 3.8% from 2014 levels)

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