Showing posts with label 9 Trillion. Show all posts
Showing posts with label 9 Trillion. Show all posts

Saturday, August 8, 2020

Krizette Laureta Chu Reacts to Pinoy Ako Blog

Post from Krizette Laureta Chu

Krizette Laureta Chu Reacts to Pinoy Ako Blog  Do you hear the people tweet? Tweeting the tweets of the pa wokes? It is the hashtag of a people Who will not be in power again  When the tweeting of your heart Is only 3,000 hashtags They want to rule the Philippines because they have 3,000 hashtaaaaags  Will you join in their crusade? Parang awa na ninyo... Dagdagan nyo ang hashtag Para #LetLeniLead (o ayan dagdag na)...  #COVID19PH #Covid_19 #MassTesting #MassTestingPH #SolidDDS #MECQ #9Trillion #LeniRobredo #LetLeniLeave

Do you hear the people tweet?

Tweeting the tweets of the pa wokes?

It is the hashtag of people

Who will not be in power again


When the tweeting of your heart

Are only 3,000 hashtags

They want to rule the Philippines

because they have 3,000 hashtaaaaags


Will you join in their crusade?

Parang awa na ninyo...

Dagdagan nyo ang hashtag

Para #LetLeniLead (o ayan dagdag na)...

Friday, August 7, 2020

DOH announces 38,075 COVID-19 recoveries. This brings the total number of recoveries to 65,064.

Post from Tio Moreno

DOH announces 38,075 COVID-19 recoveries. This brings the total number of recoveries to 65,064.  A total of 3,954 confirmed cases are reported based on the total tests done by 80 out of 91 current operational labs.  We #ExplainExplainExplain:  Of the 38,075 recoveries reported today, 909 were based on Regional Epidemiology & Surveillance Unit (RESU) updates and 37,166 was part of the time-based tagging methodology (cases with mild disease or asymptomatic whose date of onset of illness or specimen collection was more than 14 days ago and shall be tagged as recovered as per DOH DM 2020-0258) from the enhanced data reconciliation efforts with local government units.  The same reconciliation effort also explains the 3,954 new cases reported today, of which 1,320 cases are fresh cases, and 2,634 are late cases. Of the newly reported cases, 3,801 (96%) occurred in July, of which, 1,602 (42%) were from NCR and 955 (25%) from Region 7.  Of the 23 deaths, 19 (83%) in July, 3 (13%) in June, and 1 (4%) in April. Deaths were from NCR (12 or 52%), Region 7 (8 or 35%), Region 3 (1 or 4%), and Region 4A (1 or 4%); 1 case (4%) had an unspecified region.  There were sixty-six (66) duplicates that were removed from the total case count. Of these, six (6) recovered cases and two (2) deaths have been removed.  Moreover, one (1) case that was previously reported to have recovered has been validated to have died and already included in the count of new deaths.  These numbers undergo constant cleaning and validation.  Reference with WHO’s policy: Criteria for releasing COVID-19 patients from isolation https://cutt.ly/odXgsz0  Source: Tio Moreno https://cutt.ly/XdXguuT  #COVID19PH #Covid_19 #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ #9Trillion
DOH announces 38,075 COVID-19 recoveries. This brings the total number of recoveries to 65,064.  A total of 3,954 confirmed cases are reported based on the total tests done by 80 out of 91 current operational labs.  We #ExplainExplainExplain:  Of the 38,075 recoveries reported today, 909 were based on Regional Epidemiology & Surveillance Unit (RESU) updates and 37,166 was part of the time-based tagging methodology (cases with mild disease or asymptomatic whose date of onset of illness or specimen collection was more than 14 days ago and shall be tagged as recovered as per DOH DM 2020-0258) from the enhanced data reconciliation efforts with local government units.  The same reconciliation effort also explains the 3,954 new cases reported today, of which 1,320 cases are fresh cases, and 2,634 are late cases. Of the newly reported cases, 3,801 (96%) occurred in July, of which, 1,602 (42%) were from NCR and 955 (25%) from Region 7.  Of the 23 deaths, 19 (83%) in July, 3 (13%) in June, and 1 (4%) in April. Deaths were from NCR (12 or 52%), Region 7 (8 or 35%), Region 3 (1 or 4%), and Region 4A (1 or 4%); 1 case (4%) had an unspecified region.  There were sixty-six (66) duplicates that were removed from the total case count. Of these, six (6) recovered cases and two (2) deaths have been removed.  Moreover, one (1) case that was previously reported to have recovered has been validated to have died and already included in the count of new deaths.  These numbers undergo constant cleaning and validation.  Reference with WHO’s policy: Criteria for releasing COVID-19 patients from isolation https://cutt.ly/odXgsz0  Source: Tio Moreno https://cutt.ly/XdXguuT  #COVID19PH #Covid_19 #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ #9Trillion
A total of 3,954 confirmed cases are reported based on the total tests done by 80 out of 91 current operational labs.

We #ExplainExplainExplain:

Of the 38,075 recoveries reported today, 909 were based on Regional Epidemiology & Surveillance Unit (RESU) updates and 37,166 was part of the time-based tagging methodology (cases with mild disease or asymptomatic whose date of onset of illness or specimen collection was more than 14 days ago and shall be tagged as recovered as per DOH DM 2020-0258) from the enhanced data reconciliation efforts with local government units.

The same reconciliation effort also explains the 3,954 new cases reported today, of which 1,320 cases are fresh cases, and 2,634 are late cases. Of the newly reported cases, 3,801 (96%) occurred in July, of which, 1,602 (42%) were from NCR and 955 (25%) from Region 7.

Of the 23 deaths, 19 (83%) in July, 3 (13%) in June, and 1 (4%) in April. Deaths were from NCR (12 or 52%), Region 7 (8 or 35%), Region 3 (1 or 4%), and Region 4A (1 or 4%); 1 case (4%) had an unspecified region.

There were sixty-six (66) duplicates that were removed from the total case count. Of these, six (6) recovered cases and two (2) deaths have been removed.

Moreover, one (1) case that was previously reported to have recovered has been validated to have died and already included in the count of new deaths.

These numbers undergo constant cleaning and validation.

Reference with WHO’s policy:

Criteria for releasing COVID-19 patients from isolation

Breakdown of the 275B and the Expenditures

Post from Tio Moreno

Breakdown of the 275B  https://cutt.ly/YdXtLFm   Expenditures:  https://cutt.ly/FdXyIKN  #COVID19PH #Covid_19 #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ #9Trillion

Breakdown of the 275B

https://www.officialgazette.gov.ph/downloads/2020/04apr/20200330-Report-to-the-Joint-Congressional-Oversight-Committee-RRD.pdf?fbclid=IwAR2XD8krF6kuYdP8IxEItV--yQiBQSHN94bOSQFI1M2gwbk_LNJAU0TIHGc

Expenditures:

#COVID19PH Citizens' Budget Tracker v2

BAKIT WALANG SENSE OF URGENCY?

Post from Tio Moreno

Friend, everything takes time. We had a global shortage of PPEs and test kits because of most of the country around the world demand for it.

Fair Allocation of Scarce Medical Resources in the Time of Covid-19

BAKIT WALANG SENSE OF URGENCY?  Friend, everything takes time. We had a global shortage of PPEs and test kits because of most of the country around the world demand for it.  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion

Fair Allocation of Scarce Medical Resources in the Time of Covid-19

BAKIT WALANG PERSONAL PROTECTIVE GEAR ANG MEDICAL PROFESSIONALS?

Post by Tio Moreno

BAKIT WALANG PERSONAL PROTECTIVE GEAR ANG MEDICAL PROFESSIONALS?  Since March and as of June 20, the Philippine Government has procured and distributed the following:  - Coveralls: 1,685,661  - Face masks: 9,287,550  - Gowns: 1,644,123  - KN95 masks: 1,629,640  - N95 masks: 459,024  - Face shield: 1,107,011  - Gloves: 3,607,470  - Goggles: 940,623  - Non-invasive ventilators: 74  - Head caps: 1,744,855  - Thermal Scanners: 3,066  - Aprons: 742,600  - Sanitation tents: 10  Also, this figure has changed now due to demand. Dumami kasi number of cases lalo na sa NCR 🙄  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion

Since March and as of June 20, the Philippine Government has procured and distributed the following:

- Coveralls: 1,685,661

- Face masks: 9,287,550

- Gowns: 1,644,123

- KN95 masks: 1,629,640

- N95 masks: 459,024

- Face shield: 1,107,011

- Gloves: 3,607,470

- Goggles: 940,623

- Non-invasive ventilators: 74

- Head caps: 1,744,855

- Thermal Scanners: 3,066

- Aprons: 742,600

- Sanitation tents: 10

Also, this figure has changed now due to demand. Dumami kasi number of cases lalo na sa NCR 🙄

TOTOO BA NA ANG BALIK PROBINSYA ANG NAGDALA NG COVID SA PROBINSYA?

Post from Tio Moreno

TOTOO BA NA ANG BALIK PROBINSYA ANG NAGDALA NG COVID SA PROBINSYA?  - Not true.  - The Balik Probinsya program of Senator Bong Go is a long term policy program. This is a program for urban residents who wish to have a renewed life in the regions.  - It should not be mistaken for the Hatid Tulong program for locally stranded individuals or LSI. These are stranded OFWs, students, laborers, tourists, and the like.  - Proper measures were undertaken to ensure the stop of the spread of the virus. Prior to the LSI returning back to their provinces, they undertake tests and are given health, quarantine, and police clearances.  ***There are reported cases of LSIs who were tested positive, but is the government to be blamed on this? No! What should be done for them? Let them stay in their boarding houses? Don’t you want them to see their families?  If LSIs who just traveled from one place to another were found out positive, how much more those who protested or yong iba pang pagtitipon? May Sonagkaisa pa kayong nalalaman 🙄  Hindi pwede e call out mga nagrarrally pero e call out ang mga LSIs? Tangina niyo!  If you have better solutions for those LSIs then lay it down. Wag puro sisi sa gobyerno.   #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion

- Not true.

- The Balik Probinsya program of Senator Bong Go is a long term policy program. This is a program for urban residents who wish to have a renewed life in the regions.

- It should not be mistaken for the Hatid Tulong program for locally stranded individuals or LSI. These are stranded OFWs, students, laborers, tourists, and the like.

- Proper measures were undertaken to ensure the stop of the spread of the virus. Prior to the LSI returning back to their provinces, they undertake tests and are given health, quarantine, and police clearances.

***There are reported cases of LSIs who were tested positive, but is the government to be blamed on this? No! What should be done for them? Let them stay in their boarding houses? Don’t you want them to see their families?

If LSIs who just traveled from one place to another were found out positive, how much more those who protested or yong iba pang pagtitipon? May Sonagkaisa pa kayong nalalaman 🙄

Hindi pwede e call out mga nagrarrally pero e call out ang mga LSIs? Tangina niyo!

If you have better solutions for those LSIs then lay it down. Wag puro sisi sa gobyerno.

BAKIT WALANG MAS TESTING NOONG UNA PA LANG?


Post from Tio Moreno

Friend, logistics takes time, procurement takes time, the test takes time.  We need an RT-PCR test that requires Biosafety level 2 labs. In February, we only had 1 Biosafety level two lab that’s capable of handling 250 tests per day. If you are so aggressive to say that we need to build more laboratories, please understand that it’s not easy as ordering an item from Shopee, Amazon, or Lazada.  The lab needs to have at least three rooms: virus inactivation, reagent preparation, and the PCR machine room. And there are 5 stages of validation required by DOH. Stage 1 includes a 133-item self-assessment checklist; Stage 2 includes an on-site visit by the DOH, the RITM, and the World Health Organization (WHO). Stage 3 includes a three-day personnel training session at RITM; By Stages 4 and 5, RITM re-tests five samples tested by the lab to confirm if they arrive at the same results, after which they will be certified.   https://www.cdc.gov/.../lab/lab-biosafety-guidelines.htmlhttps://www.cdc.gov/coronavirus/2019-ncov/lab/lab-biosafety-guidelines.html?fbclid=IwAR2XD8krF6kuYdP8IxEItV--yQiBQSHN94bOSQFI1M2gwbk_LNJAU0TIHGc  Good thing that we already had 28 testing labs as of May. So if 1 lab can cater 250 tests, that means 28 labs can cater to 7000 tests per day. But is it enough for Targeted Testing? No. Hence, our government has worked to increase the capacity of targeted testing to 30,000/ day.  https://newsinfo.inquirer.net/1268063/doh-eyes-30k-covid-19-tests-per-day-by-end-of-may?fbclid=IwAR1lJ5WQRRHmU0DPYXY0q853NKnnfHouhMD7uuq_MSThXY4YMBQ0N7Kfmc8  #COVID19PH   #Covid_19   #MassTesting  #MassTestingPH  #RodrigoDuterte  #PresidentDuterte  #Duterte  #MECQ   #9Trillion

Friend, logistics takes time, procurement takes time, the test takes time.

We need an RT-PCR test that requires Biosafety level 2 labs. In February, we only had 1 Biosafety level two lab that’s capable of handling 250 tests per day. If you are so aggressive to say that we need to build more laboratories, please understand that it’s not easy as ordering an item from Shopee, Amazon, or Lazada.

The lab needs to have at least three rooms: virus inactivation, reagent preparation, and the PCR machine room. And there are 5 stages of validation required by DOH. Stage 1 includes a 133-item self-assessment checklist; Stage 2 includes an on-site visit by the DOH, the RITM, and the World Health Organization (WHO). Stage 3 includes a three-day personnel training session at RITM; By Stages 4 and 5, RITM re-tests five samples tested by the lab to confirm if they arrive at the same results, after which they will be certified. 

https://www.cdc.gov/.../lab/lab-biosafety-guidelines.htmlhttps://www.cdc.gov/coronavirus/2019-ncov/lab/lab-biosafety-guidelines.html?fbclid=IwAR2XD8krF6kuYdP8IxEItV--yQiBQSHN94bOSQFI1M2gwbk_LNJAU0TIHGc

Good thing that we already had 28 testing labs as of May. So if 1 lab can cater 250 tests, that means 28 labs can cater to 7000 tests per day. But is it enough for Targeted Testing? No. Hence, our government has worked to increase the capacity of targeted testing to 30,000/ day.

https://newsinfo.inquirer.net/1268063/doh-eyes-30k-covid-19-tests-per-day-by-end-of-may?fbclid=IwAR1lJ5WQRRHmU0DPYXY0q853NKnnfHouhMD7uuq_MSThXY4YMBQ0N7Kfmc8

BAKIT TAYO PURO LOANS?

Post from Tio Moreno 

BAKIT TAYO PURO LOANS?   - We have not taken out any loans yet because of COVID-19.  - There is no other country in the world that is debt-free. Economic powerhouses have debts that are bigger than their GDP.  - Our foreign loans are much smaller now compared to the time of President Aquino.  - Our China loans are minuscule compared to our loans from Japan, Korea, and other institutions.  - Again, no country can survive without credit.  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion

- We have not taken out any loans yet because of COVID-19.

- There is no other country in the world that is debt-free. Economic powerhouses have debts that are bigger than their GDP.

- Our foreign loans are much smaller now compared to the time of President Aquino.

- Our China loans are minuscule compared to our loans from Japan, Korea, and other institutions.

- Again, no country can survive without credit.

BAKIT WALANG AYUDA ANG MGA TAO?

 Post by Tio Moreno

BAKIT WALANG AYUDA ANG MGA TAO?  - The National Government has embarked on the biggest social financial aid program in history.  - DSWD: Social Amelioration Program  - DTI: Loans to MSMEs, a moratorium on rentals  - DOLE: TUPAD and CAMP  - DOF: Small Business Wage Subsidy, a moratorium on loan payments  - DA: Loans to the agricultural sector  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion

- The National Government has embarked on the biggest social financial aid program in history.

- DSWD: Social Amelioration Program

- DTI: Loans to MSMEs, a moratorium on rentals

- DOLE: TUPAD and CAMP

- DOF: Small Business Wage Subsidy, a moratorium on loan payments

- DA: Loans to the agricultural sector

BAKIT HINDI SAPAT ANG MEDICAL FACILITIES NATIN?

 Post by Tio Moreno

BAKIT HINDI SAPAT ANG MEDICAL FACILITIES NATIN?  - Total bed capacity as of June 21: 13,108  - ICU beds: 1,298 (34% occupied)  - Isolation beds: 8,802 (37% occupied)  - Ward beds: 3,008 (35% occupied)  - Mechanical ventilators: 1,941 (19% occupied)  These figures have changed now as our number of cases continues to increase and while our govt continues to build more facilities.  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #Duterte #MECQ  #9Trillion
- Total bed capacity as of June 21: 13,108

- ICU beds: 1,298 (34% occupied)

- Isolation beds: 8,802 (37% occupied)

- Ward beds: 3,008 (35% occupied)

- Mechanical ventilators: 1,941 (19% occupied)

These figures have changed now as our number of cases continues to increase and while our govt continues to build more facilities.

BAKIT WALANG MASS TESTING?

 Post by Tio Moreno

BAKIT WALANG MASS TESTING?  - No other country in the world has done mass testing. We target testing those who are vulnerable, immunocompromised, the ones coming from overseas.  - Our testing capacity is already at 32,000 tests per day.  - As of June 21, we have conducted 594,499 tests already of which 6.9% were positive of COVID-19.  - 46 RT-PCR laboratories  - 17 licensed gen expert labs  #COVID19PH  #Covid_19  #MassTesting #MassTestingPH #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte #MECQ  #9Trillion

- No other country in the world has done mass testing. We target testing those who are vulnerable, immunocompromised, the ones coming from overseas.

- Our testing capacity is already at 32,000 tests per day.

- As of June 21, we have conducted 594,499 tests already of which 6.9% were positive of COVID-19.

- 46 RT-PCR laboratories

- 17 licensed gen expert labs

BAKIT GENERALS? BAKIT MILITAR AT HINDI MGA DOCTOR?

 Post by Tio Moreno

BAKIT GENERALS? BAKIT MILITAR AT HINDI MGA DOCTOR?  - The over-all policy-making body is the Inter-Agency Task Force on Emerging Infectious Diseases. We all know this as the IATF.  - The IATF recommends policies for the approval of the President.  - The Chair of the IATF is the Secretary of Health, who happens to be a doctor!  - Upon policy approval of the President, the implementation is led by the National Task Force on COVID-19. We all know this as NTF.  - The Chair of the NTF is the Secretary of National Defense.  - The Chief Implementer is the Secretary for Peace Process, Reconciliation and Understanding.  - The Deputy Chief Implementer is the Presidential Adviser on Flagship Projects.  - Policymaker: Doctor.  - Implementers: Officials who happen to be former generals and mostly civilians who are experts in operations.  #COVID19PH  #Covid_19  #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte #MECQ  #9Trillion

- The over-all policy-making body is the Inter-Agency Task Force on Emerging Infectious Diseases. We all know this as the IATF.

- The IATF recommends policies for the approval of the President.

- The Chair of the IATF is the Secretary of Health, who happens to be a doctor!

- Upon policy approval of the President, the implementation is led by the National Task Force on COVID-19. We all know this as NTF.

- The Chair of the NTF is the Secretary of National Defense.

- The Chief Implementer is the Secretary for Peace Process, Reconciliation, and Understanding.

- The Deputy Chief Implementer is the Presidential Adviser on Flagship Projects.

- Policymaker: Doctor.

- Implementers: Officials who happen to be former generals and mostly civilians who are experts in operations.

GOVERNMENT’S INCOMPETENCE: REASON FOR MECQ —-says a woke who’s a destitute of knowledge but acting like an armchair medical expert.

 Post by Tio Moreno

GOVERNMENT’S INCOMPETENCE: REASON FOR MECQ —-says a woke who’s destitute of knowledge but acting like an armchair medical expert.  I was browsing twitter earlier and found out that MECQ is a top trend. When I checked on the leading tweets, they seem to be blaming the government for the alarming number of positive cases.  Our first COVID19 case was IMPORTED not LOCALLY TRANSMITTED. This was reported on January 30.  Other countries first cases date:  Vietnam: Jan. 23  Japan: Jan. 16  Thailand: Jan. 13  Singapore: Jan. 23  We automatically banned travels from China last February 2,2020 following the positive confirmations of a Chinese tourist who had a travel history & was able to visit Wuhan, China.  Other Countries travel ban dates:  Vietnam: Feb. 1  Japan: Feb. 1  Thailand: Mar. 11  Singapore: Jan. 29  It was only on March 5 that a couple with no travel history was found positive, that means LOCAL TRANSMISSION is already present. This transmission happens when there is interaction. Hence, on March 9, Duterte declared this as a PUBLIC HEALTH EMERGENCY.  Despite the government’s mandates, it’s evident that there are still others who find a way to converge, gather in a massive number, and become the vectors for the disease. Pinoy talaga, may COVID na, nagsasabong (cockfight) pa.  Since many cases were uncovered thereafter, WHO announced COVID19 as pandemic on March 11. NCR was lockdown on March 15. We had our National lockdown on March 17. We are actually the first country in Southeast Asia to respond to this pandemic by restricting mobility thru lockdown.  Other countries lockdown dates:  Vietnam: April 1  Japan: April 7  Thailand: April 3  Singapore: April 3  We didn’t have a lockdown in January because if the gov’t did not weigh things out & didn’t listen to the directives from WHO, DOH, and local medical experts, PHILIPPINES would be bankrupt by now. Remember that the gov’t should mitigate carefully on Epidemic Risk Management to minimize health and economic consequences.  Therefore, Looking at how other countries respond to the COVID19 pandemic, Duterte’s decisive and timely approaches are just appropriate and calculated based on the Philippines financial capabilities and health care system capacities taking into account social and economic repercussions.  The increasing number of COVID19 cases in this country is not a valid basis for saying that the government is incompetent and that they haven’t done something to end it. There simply isn't any logical causal relationship between evidence and verdict.  People who have the virus were not infected by the President or government officials. Nor were they ordered to get themselves infected.  A more reasonable hypothesis would be to say that the number of people now infected by this virus is proof that most people in this country are idiots. So stupid in fact that as soon as the quarantine is relaxed, we drive the statistics sky-high.  Tapos e blame niyo naman gobyerno bakit bumalik sa MECQ? Ask yourselves,  WHAT HAVE YOU DONE SO FAR TO HELP OUT THE GOVERNMENT ON ITS FIGHT AGAINST COVID19?  For more information on the nation’s fight against COVID-19, encouraging everyone to read and understand the policies. Resources are:  - www.COVID19.gov.ph  - http://covid19.HealthyPilipinas.ph  - www.OfficialGazette.gov.ph  - www.PNA.gov.ph  - www.PTV.ph  - www.RadyoPilipinas.ph  - www.BalikProbinsya.ph #COVID19PH  #Covid_19  #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte

I was browsing twitter earlier and found out that MECQ is a top trend. When I checked on the leading tweets, they seem to be blaming the government for the alarming number of positive cases.

Our first COVID19 case was IMPORTED not LOCALLY TRANSMITTED. This was reported on January 30.

Other countries first cases date:

Vietnam: Jan. 23

Japan: Jan. 16

Thailand: Jan. 13

Singapore: Jan. 23

We automatically banned travels from China last February 2,2020 following the positive confirmations of a Chinese tourist who had a travel history & was able to visit Wuhan, China.

Other Countries travel ban dates:

Vietnam: Feb. 1

Japan: Feb. 1

Thailand: Mar. 11

Singapore: Jan. 29

GOVERNMENT’S INCOMPETENCE: REASON FOR MECQ —-says a woke who’s destitute of knowledge but acting like an armchair medical expert.  I was browsing twitter earlier and found out that MECQ is a top trend. When I checked on the leading tweets, they seem to be blaming the government for the alarming number of positive cases.  Our first COVID19 case was IMPORTED not LOCALLY TRANSMITTED. This was reported on January 30.  Other countries first cases date:  Vietnam: Jan. 23  Japan: Jan. 16  Thailand: Jan. 13  Singapore: Jan. 23  We automatically banned travels from China last February 2,2020 following the positive confirmations of a Chinese tourist who had a travel history & was able to visit Wuhan, China.  Other Countries travel ban dates:  Vietnam: Feb. 1  Japan: Feb. 1  Thailand: Mar. 11  Singapore: Jan. 29  It was only on March 5 that a couple with no travel history was found positive, that means LOCAL TRANSMISSION is already present. This transmission happens when there is interaction. Hence, on March 9, Duterte declared this as a PUBLIC HEALTH EMERGENCY.  Despite the government’s mandates, it’s evident that there are still others who find a way to converge, gather in a massive number, and become the vectors for the disease. Pinoy talaga, may COVID na, nagsasabong (cockfight) pa.  Since many cases were uncovered thereafter, WHO announced COVID19 as pandemic on March 11. NCR was lockdown on March 15. We had our National lockdown on March 17. We are actually the first country in Southeast Asia to respond to this pandemic by restricting mobility thru lockdown.  Other countries lockdown dates:  Vietnam: April 1  Japan: April 7  Thailand: April 3  Singapore: April 3  We didn’t have a lockdown in January because if the gov’t did not weigh things out & didn’t listen to the directives from WHO, DOH, and local medical experts, PHILIPPINES would be bankrupt by now. Remember that the gov’t should mitigate carefully on Epidemic Risk Management to minimize health and economic consequences.  Therefore, Looking at how other countries respond to the COVID19 pandemic, Duterte’s decisive and timely approaches are just appropriate and calculated based on the Philippines financial capabilities and health care system capacities taking into account social and economic repercussions.  The increasing number of COVID19 cases in this country is not a valid basis for saying that the government is incompetent and that they haven’t done something to end it. There simply isn't any logical causal relationship between evidence and verdict.  People who have the virus were not infected by the President or government officials. Nor were they ordered to get themselves infected.  A more reasonable hypothesis would be to say that the number of people now infected by this virus is proof that most people in this country are idiots. So stupid in fact that as soon as the quarantine is relaxed, we drive the statistics sky-high.  Tapos e blame niyo naman gobyerno bakit bumalik sa MECQ? Ask yourselves,  WHAT HAVE YOU DONE SO FAR TO HELP OUT THE GOVERNMENT ON ITS FIGHT AGAINST COVID19?  For more information on the nation’s fight against COVID-19, encouraging everyone to read and understand the policies. Resources are:  - www.COVID19.gov.ph  - http://covid19.HealthyPilipinas.ph  - www.OfficialGazette.gov.ph  - www.PNA.gov.ph  - www.PTV.ph  - www.RadyoPilipinas.ph  - www.BalikProbinsya.ph #COVID19PH  #Covid_19  #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte

It was only on March 5 that a couple with no travel history was found positive, that means LOCAL TRANSMISSION is already present. This transmission happens when there is interaction. Hence, on March 9, Duterte declared this as a PUBLIC HEALTH EMERGENCY.

Despite the government’s mandates, it’s evident that there are still others who find a way to converge, gather in a massive number, and become the vectors for the disease. Pinoy talaga, may COVID na, nagsasabong (cockfight) pa.

Since many cases were uncovered thereafter, WHO announced COVID19 as pandemic on March 11. NCR was lockdown on March 15. We had our National lockdown on March 17. We are actually the first country in Southeast Asia to respond to this pandemic by restricting mobility thru lockdown.

Other countries lockdown dates:

Vietnam: April 1

Japan: April 7

Thailand: April 3

Singapore: April 3

GOVERNMENT’S INCOMPETENCE: REASON FOR MECQ —-says a woke who’s destitute of knowledge but acting like an armchair medical expert.  I was browsing twitter earlier and found out that MECQ is a top trend. When I checked on the leading tweets, they seem to be blaming the government for the alarming number of positive cases.  Our first COVID19 case was IMPORTED not LOCALLY TRANSMITTED. This was reported on January 30.  Other countries first cases date:  Vietnam: Jan. 23  Japan: Jan. 16  Thailand: Jan. 13  Singapore: Jan. 23  We automatically banned travels from China last February 2,2020 following the positive confirmations of a Chinese tourist who had a travel history & was able to visit Wuhan, China.  Other Countries travel ban dates:  Vietnam: Feb. 1  Japan: Feb. 1  Thailand: Mar. 11  Singapore: Jan. 29  It was only on March 5 that a couple with no travel history was found positive, that means LOCAL TRANSMISSION is already present. This transmission happens when there is interaction. Hence, on March 9, Duterte declared this as a PUBLIC HEALTH EMERGENCY.  Despite the government’s mandates, it’s evident that there are still others who find a way to converge, gather in a massive number, and become the vectors for the disease. Pinoy talaga, may COVID na, nagsasabong (cockfight) pa.  Since many cases were uncovered thereafter, WHO announced COVID19 as pandemic on March 11. NCR was lockdown on March 15. We had our National lockdown on March 17. We are actually the first country in Southeast Asia to respond to this pandemic by restricting mobility thru lockdown.  Other countries lockdown dates:  Vietnam: April 1  Japan: April 7  Thailand: April 3  Singapore: April 3  We didn’t have a lockdown in January because if the gov’t did not weigh things out & didn’t listen to the directives from WHO, DOH, and local medical experts, PHILIPPINES would be bankrupt by now. Remember that the gov’t should mitigate carefully on Epidemic Risk Management to minimize health and economic consequences.  Therefore, Looking at how other countries respond to the COVID19 pandemic, Duterte’s decisive and timely approaches are just appropriate and calculated based on the Philippines financial capabilities and health care system capacities taking into account social and economic repercussions.  The increasing number of COVID19 cases in this country is not a valid basis for saying that the government is incompetent and that they haven’t done something to end it. There simply isn't any logical causal relationship between evidence and verdict.  People who have the virus were not infected by the President or government officials. Nor were they ordered to get themselves infected.  A more reasonable hypothesis would be to say that the number of people now infected by this virus is proof that most people in this country are idiots. So stupid in fact that as soon as the quarantine is relaxed, we drive the statistics sky-high.  Tapos e blame niyo naman gobyerno bakit bumalik sa MECQ? Ask yourselves,  WHAT HAVE YOU DONE SO FAR TO HELP OUT THE GOVERNMENT ON ITS FIGHT AGAINST COVID19?  For more information on the nation’s fight against COVID-19, encouraging everyone to read and understand the policies. Resources are:  - www.COVID19.gov.ph  - http://covid19.HealthyPilipinas.ph  - www.OfficialGazette.gov.ph  - www.PNA.gov.ph  - www.PTV.ph  - www.RadyoPilipinas.ph  - www.BalikProbinsya.ph #COVID19PH  #Covid_19  #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte

We didn’t have a lockdown in January because if the gov’t did not weigh things out & didn’t listen to the directives from WHO, DOH, and local medical experts, PHILIPPINES would be bankrupt by now. Remember that the gov’t should mitigate carefully on Epidemic Risk Management to minimize health and economic consequences.

Therefore, Looking at how other countries respond to the COVID19 pandemic, Duterte’s decisive and timely approaches are just appropriate and calculated based on the Philippines ' financial capabilities and health care system capacities taking into account social and economic repercussions.

The increasing number of COVID19 cases in this country is not a valid basis for saying that the government is incompetent and that they haven’t done something to end it. There simply isn't any logical causal relationship between evidence and verdict.

People who have the virus were not infected by the President or government officials. Nor were they ordered to get themselves infected.

A more reasonable hypothesis would be to say that the number of people now infected by this virus is proof that most people in this country are idiots. So stupid in fact that as soon as the quarantine is relaxed, we drive the statistics sky-high.

Tapos e blame niyo naman gobyerno bakit bumalik sa MECQ? Ask yourselves,

GOVERNMENT’S INCOMPETENCE: REASON FOR MECQ —-says a woke who’s destitute of knowledge but acting like an armchair medical expert.  I was browsing twitter earlier and found out that MECQ is a top trend. When I checked on the leading tweets, they seem to be blaming the government for the alarming number of positive cases.  Our first COVID19 case was IMPORTED not LOCALLY TRANSMITTED. This was reported on January 30.  Other countries first cases date:  Vietnam: Jan. 23  Japan: Jan. 16  Thailand: Jan. 13  Singapore: Jan. 23  We automatically banned travels from China last February 2,2020 following the positive confirmations of a Chinese tourist who had a travel history & was able to visit Wuhan, China.  Other Countries travel ban dates:  Vietnam: Feb. 1  Japan: Feb. 1  Thailand: Mar. 11  Singapore: Jan. 29  It was only on March 5 that a couple with no travel history was found positive, that means LOCAL TRANSMISSION is already present. This transmission happens when there is interaction. Hence, on March 9, Duterte declared this as a PUBLIC HEALTH EMERGENCY.  Despite the government’s mandates, it’s evident that there are still others who find a way to converge, gather in a massive number, and become the vectors for the disease. Pinoy talaga, may COVID na, nagsasabong (cockfight) pa.  Since many cases were uncovered thereafter, WHO announced COVID19 as pandemic on March 11. NCR was lockdown on March 15. We had our National lockdown on March 17. We are actually the first country in Southeast Asia to respond to this pandemic by restricting mobility thru lockdown.  Other countries lockdown dates:  Vietnam: April 1  Japan: April 7  Thailand: April 3  Singapore: April 3  We didn’t have a lockdown in January because if the gov’t did not weigh things out & didn’t listen to the directives from WHO, DOH, and local medical experts, PHILIPPINES would be bankrupt by now. Remember that the gov’t should mitigate carefully on Epidemic Risk Management to minimize health and economic consequences.  Therefore, Looking at how other countries respond to the COVID19 pandemic, Duterte’s decisive and timely approaches are just appropriate and calculated based on the Philippines financial capabilities and health care system capacities taking into account social and economic repercussions.  The increasing number of COVID19 cases in this country is not a valid basis for saying that the government is incompetent and that they haven’t done something to end it. There simply isn't any logical causal relationship between evidence and verdict.  People who have the virus were not infected by the President or government officials. Nor were they ordered to get themselves infected.  A more reasonable hypothesis would be to say that the number of people now infected by this virus is proof that most people in this country are idiots. So stupid in fact that as soon as the quarantine is relaxed, we drive the statistics sky-high.  Tapos e blame niyo naman gobyerno bakit bumalik sa MECQ? Ask yourselves,  WHAT HAVE YOU DONE SO FAR TO HELP OUT THE GOVERNMENT ON ITS FIGHT AGAINST COVID19?  For more information on the nation’s fight against COVID-19, encouraging everyone to read and understand the policies. Resources are:  - www.COVID19.gov.ph  - http://covid19.HealthyPilipinas.ph  - www.OfficialGazette.gov.ph  - www.PNA.gov.ph  - www.PTV.ph  - www.RadyoPilipinas.ph  - www.BalikProbinsya.ph #COVID19PH  #Covid_19  #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte

WHAT HAVE YOU DONE SO FAR TO HELP OUT THE GOVERNMENT ON ITS FIGHT AGAINST COVID19?

For more information on the nation’s fight against COVID-19, encouraging everyone to read and understand the policies. Resources are:

- www.COVID19.gov.ph

- http://covid19.HealthyPilipinas.ph

- www.OfficialGazette.gov.ph

- www.PNA.gov.ph

- www.PTV.ph

- www.RadyoPilipinas.ph

- www.BalikProbinsya.ph

Thursday, August 6, 2020

Govt: Weighing things out. Doing its best.

Post by Tio Moreno

Frontliners: Pagod na kami. Give us a break. Balik tayo ECQ. 😭

Business leaders & economists: No! We have to keep the economy open so we can provide resources.

Govt: Weighing things out. Doing its best.

Anti-govt: Mag rally tayo, let our voices be heard. Mag rant tayo sa twitter #OustDuterte Incompetent ang gobyerno! Freedom of speech & expression!

Frontliners: Pagod na kami. Give us a break. Balik tayo ECQ. 😭  Business leaders & economists: No! We have to keep the economy open so we can provide resources.  Govt: Weighing things out. Doing its best.  Anti-govt: Mag rally tayo, let our voices be heard. Mag rant tayo sa twitter #OustDuterte Incompetent ang gobyerno! Freedom of speech & expression!  Imagine they hated Duterte when he declared lockdown last March because people need to work. They defended ECQ violators and protesters because they need to go out “kasi gutom sila.” Now, they hated Cynthia Villar because she wants the economy open to provide the needs of the people since government’s coffer is not infinite.  “As a rule, man is a fool. When it's hot, he wants it cool; When its cool, he wants it hot. Always wanting, what is not.” - Benjamin Disraeli  In the Philippines—- anti-government by nature are fool. When it’s lockdown they’re angry, when ECQ was lifted, they’re still angry. They are consistent for being angry and they’re consistent on their inconsistency.  As a result:   #9Trillion #COVID19PH  #Covid_19  #PresidentRodrigoDuterte #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte

Imagine they hated Duterte when he declared lockdown last March because people need to work. They defended ECQ violators and protesters because they need to go out “kasi gutom sila.” Now, they hated Cynthia Villar because she wants the economy open to provide the needs of the people since the government’s coffer is not infinite.

“As a rule, man is a fool. When it's hot, he wants it cool; When it's cool, he wants it hot. Always wanting, what is not.” - Benjamin Disraeli

In the Philippines—- anti-government by nature is a fool. When it’s lockdown they’re angry, when ECQ was lifted, they’re still angry. They are consistent for being angry and they’re consistent on their inconsistency.

As a result:

Frontliners: Pagod na kami. Give us a break. Balik tayo ECQ. 😭  Business leaders & economists: No! We have to keep the economy open so we can provide resources.  Govt: Weighing things out. Doing its best.  Anti-govt: Mag rally tayo, let our voices be heard. Mag rant tayo sa twitter #OustDuterte Incompetent ang gobyerno! Freedom of speech & expression!  Imagine they hated Duterte when he declared lockdown last March because people need to work. They defended ECQ violators and protesters because they need to go out “kasi gutom sila.” Now, they hated Cynthia Villar because she wants the economy open to provide the needs of the people since government’s coffer is not infinite.  “As a rule, man is a fool. When it's hot, he wants it cool; When its cool, he wants it hot. Always wanting, what is not.” - Benjamin Disraeli  In the Philippines—- anti-government by nature are fool. When it’s lockdown they’re angry, when ECQ was lifted, they’re still angry. They are consistent for being angry and they’re consistent on their inconsistency.  As a result:   #9Trillion #COVID19PH  #Covid_19  #PresidentRodrigoDuterte #RodrigoDuterte #PresidentDuterte #DuterteNews #Duterte



Jan Suing reacts to Ninotchka Rosca

Post by Jan Suing

Jan Suing reacts to Ninotchka Rosca  Source:https://bit.ly/3a1wsvH  Sirain ulit natin 'yung narrative nila tungkol sa "alarming" na utang daw ng Pilipinas. Consider these data.  §  Public debt of selected major economies [2][3][4]  Public debt, also known as sovereign debt, is debt a country owes to lenders outside of itself. They can include individuals, businesses, and even other government.[1]  Japan GDP: $4.750 trilion Public debt: 250% (approx. 2020) Public debt per capita (2017): $91,768  Greece GDP: $175 billion Public debt: 192% (approx. 2020) Public debt per capita (2017): $33,905  Italy GDP: $2 trillion Public debt: 157% (approx. 2020) Public debt per capita (2017): $41,056  Portugal GDP: $200 billion Public debt: 132% (approx. 2020) Public debt per capita (2017): $26,462  Singapore GDP: $340 billion Public debt: 120% (approx. 2020) Public debt per capita (2017): $60,016  United States GDP: $19 trillion Public debt: 120% (approx. 2020) Public debt per capita (2017): $46,645  Vietnam GDP: $262 billion Public debt: 62% (approx. 2020) Public debt per capita (2017): $1,329  Malaysia GDP: $333 billion Public debt: 53% (approx. 2020) Public debt per capita (2017): $5,313  Philippines GDP: $360 billion Public debt: 50% (approx. 2020) Public debt per capita (2017): $1,182  Thailand GDP: $528 billion Public debt: 46% (approx. 2020) Public debt per capita (2017): $2,781  Indonesia GDP: $970 billion Public debt: 36.5% (approx. 2020) Public debt per capita (2017): $1,112  §  Facts:  - Almost all, if not all, countries in the world will have increased public debt by the end of 2020. That's just the hard fact about this pandemic. So, suck on that.  - The pandemic has brought the world economy to a standstill; therefore, it is an imperative for governments to borrow money (unless they have a huge amount of surplus) which will be used to subsidize businesses within their borders temporarily until they can resume their operations normally, and aid their citizens who are affected by the crisis. That's just the right thing to do.  §  Sa mga bobong katulad ni Ninotchka Rosca na nagkakalat ng alarmist narrative tungkol sa pangungutang ng gobyerno, magbasa naman kayo. Kung ayaw n'yong magbasa, huwag kayong magpaka-ekonomista. Hindi 'yan parang pangungutang sa bumbay tapos sisingilin ka sa katapusan na may 20% interest na.  There are methods and mechanisms that governments utilize to pay public debt, such as selling notes and bonds, adjusting the interest rate, austerity measures, raising taxes, among others. Hinuhulugan ‘yan ng gobyerno periodically kaya gradually ding nababawasan. Kaya maaaring hindi mo maramdaman ang impact nito.  So, is our current public debt something to worry about? Not really. Not as much as Japan should worry about its $12 trillion debt[5], or the United States over its record $22 trillion debt[6] compared to our roughly $183 billion[2].  Even Vietnam has more public debt than us in terms of debt-to-GDP ratio and their economy is smaller[2].  Ang ibig sabihin nito, kada Japanese, may utang na PhP4,515,490 at Php2,295,190 naman kada Kano. Bawat Vietnamese, may utang na PhP 65,387. Php 58,154 kada Pilipino. Converted ‘yan based on CIA data based on current exchange rates (July 28).  ‘Di kayo ang sisingilin d’yan, mga inutil. Walang kakatok sa pinto n’yo para singilin kayo d’yan. Ang gobyerno ang magbabayad n’yan. TikTok lang kayo ng TikTok, mag-shopping sa SM at Lazada para may kitaing buwis ang gobyerno.  As long as our fiscal institutions remain functional, taxing authority is maintained (This is why we must go after tax evaders!) and our economic growth recovers, we're going to be ok. That is why it is important for the government to think of ways on how we can grow the economy while coexisting with COVID-19.  So far, international financial institutions have expressed confidence over our capacity to recover swiftly from this crisis. Otherwise, ‘di ‘yan magpapautang. So far, wala pa ni isang credit rating agency ang nag-downgrade ng credit rating natin. This means they are confident that we could pay off our debt obligations.  *drops mic  §  Sources:  [1] Amadeo, Kimberly. (2020, July 2). Public Debt With Its Pros and Cons. The Balance. https://www.thebalance.com/what-is-the-public-debt-3306294  [2] Tradingeconomics.com. Country List Government Debt to GDP. https://tradingeconomics.com/country-list/government-debt-to-gdp?fbclid=IwAR1to3yGOjXBCcTdpXfyHEaTDnUOriRFj5C9EJYI5zkv9CyS-p1uq4WX4hA  [3] Central Intelligence Agency. The WorldFactbook. https://www.cia.gov/library/publications/the-world-factbook/fields/227.html?fbclid=IwAR2yBOQ9vzS_-h57envntRdCw9-Vu7RAZ2PYcODwSCpxagF2iSVeSU0gxxo  [4] International Monetary Fund. IMF DataMapper. https://www.imf.org/external/datamapper/GGXWDG_NGDP@WEO/OEMDC/ADVEC/WEOWORLD?fbclid=IwAR1Jj7cRF0_4N5aYGpWNPt1lDAYuThVy9I-HNOwsrId0XVDmLea-ObK8xOQ  [5] Japan's debt mountain: How is it sustainable? (June 10, 2020). The Bangkok Post. https://www.bangkokpost.com/business/1932556/japans-debt-mountain-how-is-it-sustainable-?fbclid=IwAR1uDeE32iu9IHKv_2jMxuyKWIINQLzWb8SvQz2OrsQbMY1L5gAK0rrYA8o  [6] Cox, Jeff. (2019, February 13). That $22 trillion national debt number is huge, but here’s what it really means. CNBC.https://www.cnbc.com/2019/02/13/that-22-trillion-national-debt-number-is-huge-but-heres-what-it-really-means.html?fbclid=IwAR15c-Qag1g0bdzCoBn41meZ1beyNg9Tza2V2-RRmTzQZasLDfAgkHkDNRs  [7] Mbaye, Samba and Marialuz Moreno Badia. (2019, January 2). New Data on Global Debt. IMF Blog. https://blogs.imf.org/2019/01/02/new-data-on-global-debt/?fbclid=IwAR3e3tT29VIROu7OmhJLOrj3hR8YTHWT8rIdzBEdKdukoN4rTeNL6W5iIhM  #9Trillion #Covid19PH #JanSuing #JanSuingReactsToNinotchkaRosca #NinotchkaRosca #Duterte #PresidentDuterte #DuterteGovernmentCovid19
Sirain ulit natin 'yung narrative nila tungkol sa "alarming" na utang daw ng Pilipinas. Consider these data.

§

The public debt of selected major economies [2][3][4]

Public debt, also known as sovereign debt, is debt a country owes to lenders outside of itself. They can include individuals, businesses, and even other governments.[1]

Japan
GDP: $4.750 trilion
Public debt: 250% (approx. 2020)
Public debt per capita (2017): $91,768

Greece
GDP: $175 billion
Public debt: 192% (approx. 2020)
Public debt per capita (2017): $33,905

Italy
GDP: $2 trillion
Public debt: 157% (approx. 2020)
Public debt per capita (2017): $41,056

Portugal
GDP: $200 billion
Public debt: 132% (approx. 2020)
Public debt per capita (2017): $26,462

Singapore
GDP: $340 billion
Public debt: 120% (approx. 2020)
Public debt per capita (2017): $60,016

United States
GDP: $19 trillion
Public debt: 120% (approx. 2020)
Public debt per capita (2017): $46,645

Vietnam
GDP: $262 billion
Public debt: 62% (approx. 2020)
Public debt per capita (2017): $1,329

Malaysia
GDP: $333 billion
Public debt: 53% (approx. 2020)
Public debt per capita (2017): $5,313

Philippines
GDP: $360 billion
Public debt: 50% (approx. 2020)
Public debt per capita (2017): $1,182

Thailand
GDP: $528 billion
Public debt: 46% (approx. 2020)
Public debt per capita (2017): $2,781

Indonesia
GDP: $970 billion
Public debt: 36.5% (approx. 2020)
Public debt per capita (2017): $1,112

§

Facts:

- Almost all, if not all, countries in the world will have increased public debt by the end of 2020. That's just the hard fact about this pandemic. So, suck on that.

- The pandemic has brought the world economy to a standstill; therefore, it is an imperative for governments to borrow money (unless they have a huge amount of surplus) which will be used to subsidize businesses within their borders temporarily until they can resume their operations normally, and aid their citizens who are affected by the crisis. That's just the right thing to do.

§

Sa mga bobong katulad ni Ninotchka Rosca na nagkakalat ng alarmist narrative tungkol sa pangungutang ng gobyerno, magbasa naman kayo. Kung ayaw n'yong magbasa, huwag kayong magpaka-ekonomista. Hindi 'yan parang pangungutang sa bumbay tapos sisingilin ka sa katapusan na may 20% interest na.

There are methods and mechanisms that governments utilize to pay public debt, such as selling notes and bonds, adjusting the interest rate, austerity measures, raising taxes, among others. Hinuhulugan ‘yan ng gobyerno periodically kaya gradually ding nababawasan. Kaya maaaring hindi mo maramdaman ang impact nito.

So, is our current public debt something to worry about? Not really. Not as much as Japan should worry about its $12 trillion debt[5], or the United States over its record $22 trillion debt[6] compared to our roughly $183 billion[2].

Even Vietnam has more public debt than us in terms of debt-to-GDP ratio and their economy is smaller[2].

Ang ibig sabihin nito, kada Japanese, may utang na PhP4,515,490 at Php2,295,190 naman kada Kano. Bawat Vietnamese, may utang na PhP 65,387. Php 58,154 kada Pilipino. Converted ‘yan based on CIA data based on current exchange rates (July 28).

‘Di kayo ang sisingilin d’yan, mga inutil. Walang kakatok sa pinto n’yo para singilin kayo d’yan. Ang gobyerno ang magbabayad n’yan. TikTok lang kayo ng TikTok, mag-shopping sa SM at Lazada para may kitaing buwis ang gobyerno.

As long as our fiscal institutions remain functional, taxing authority is maintained (This is why we must go after tax evaders!) and our economic growth recovers, we're going to be ok. That is why it is important for the government to think of ways on how we can grow the economy while coexisting with COVID-19.

So far, international financial institutions have expressed confidence over our capacity to recover swiftly from this crisis. Otherwise, ‘di ‘yan magpapautang. So far, wala pa ni isang credit rating agency ang nag-downgrade ng credit rating natin. This means they are confident that we could pay off our debt obligations.

*drops mic

§

Sources:

[1] Amadeo, Kimberly. (2020, July 2). Public Debt With Its Pros and Cons. The Balance. https://www.thebalance.com/what-is-the-public-debt-3306294

[2] Tradingeconomics.com. Country List Government Debt to GDP. 

[3] Central Intelligence Agency. The WorldFactbook. 

[4] International Monetary Fund. IMF DataMapper. 

[5] Japan's debt mountain: How is it sustainable? (June 10, 2020). The Bangkok Post. 

[6] Cox, Jeff. (2019, February 13). That $22 trillion national debt number is huge, but here’s what it really means. CNBC.

[7] Mbaye, Samba, and Marialuz Moreno Badia. (2019, January 2). New Data on Global Debt. IMF Blog.