Read this in The Manila Times digital edition.
WHEN a candidate promises to build more infrastructure and provide funds for livelihood and small businesses if elected, he or she must tell voters where he or she would get the money for these.
With the country's debt stock expected to balloon to an all-time high of P13.41 trillion this year, from P11.73 trillion last year, government spending has to be optimized. If it is to manage its finances well, it can no longer afford to distribute dole-outs such as cash assistance like the Social Amelioration Program for poor families.
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