FINANCE Secretary Carlos Dominguez 3rd has some suggestions on how the incoming administration could address the nation's mounting debt.

'Through a well thought out, closely coordinated and efficiently executed economic program that protects the most vulnerable from worldwide inflationary pressures through targeted subsidies, fosters sustainable and inclusive economic growth, and maintains a healthy fiscal regime by increasing and eliminating wasteful expenditures,' he told reporters on Thursday night when asked how the next administration should deal with the government's growing debt.