Duterte says he'll sell gov't assets to pay coronavirus loans

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President Rodrigo Duterte says the move will be his last resort if the government runs out of money to pay off loans and fund programs to respond to the coronavirus outbreak. COVID19PH

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,” Duterte said, referring to the popular question asked online.Before Duterte issued his remarks, Finance Secretary Carlos Dominguez III said the country will be borrowing some $5.6 billion from the Asian Development Bank and World Bank if government funds are not enough to fund programs during the outbreak.

Dominguez said the Bangko Sentral ng Pilipinas has provided some P830 billion in liquidity as he gave assurances the Philippines had the money to fight the pandemic. Despite this, he stressed funds should be spent judiciously with priority given to the country’s poorest families, small and medium enterprises, and companies supported by buyers.were available for the government’s response to the outbreak and its major programs such as the P200 billion social amelioration program provided for in the Bayanihan law.and logistical gaps – is huge, considering cash will need to be released to families immediately.

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Mga DDS parang lang bangaw at langaw kapit lang sila sa 💩 💩 💩

Classic mind conditioning strategy : Sumuko na kayo, wala na kayo magagawa.

Who's buying? Chinese friends of his?Let's ask Dennis Uy.

To his new crony supporters at bargain prices with kick backs

Hooray for the Chinese peeps again who will surely have slices of cake if the propose selling of govt assets matuloy

He's already got a buyer lined up? As if Malacanan was not already bought in 2016 by China.

Benta mo sa chekwa si mocha

Ibenta mga trolls. Baka makadagdag.

Nbenta u n nga ang wps unahin u n ang davao

Why sell the govt asset to pay the coronavirus loan? Di ba may pera siya. Ilang appearance on TV na ginawa niya assuring that there is money. Why the inconsistency?

gaano karaming pera kaya ang kailangan ng demonyong to?!

Sell the cauldron and the jet.

Hahahahaha makapanisi naman kayo at makapagsalita — akalanyo naman napakadaling pamunuan ang bansang to na may mamamayan na kagaya nyo Kung nakinig lang kasi at sumunod di sana ganito ang babait at ang gagaling nyo kasi magmarunong at gumatong! 🌈🦋

Oh no, is this again prelude to c/h/ina being the buyer!!! Pinoys dont allow it 😱😱😱

Well he could help recover billions of people's money from friends who pillaged the country for more than a decade.

Oh no i smell another money making scheme here. Our govt is like the tagline of BDO... they find ways of making money. They havent even accounted for the 275B fund and now this. NoToSellingOfGovtProperty

What are those assets? Meron pa ba?

TAMA! Tigilan na ang pamimigay, panahon na upamg ipagbili! 😉

pwede bang you’ll sell duterte assets muna? push nyo yung pagbawi sa marcos assets! ay aba sobra sobra yan pangtustos ngayong kwarantin! puntahan nyo ang sto niño shrine sa tacloban, nabubulok na ang marcos assets na ginastusan ng gobyerno non at yung iba pang marcos mansions! 😪

After social distancing

He who was thought as a saviour turned out as the oppressor 🤦🏻‍♂️. Time to cut ties. 🖐🏻

This is the worse. Ito kasi ang binoto ng 16million. I have no idea kung ano talaga kung bakit hangang ngayon madami paring bulag. Wake up mga kababayan.

Pagkakataon nga naman makakobra ng pera!

Punong-puno ang kaban ng bayan ng iniwan sayo ni PNoy, asan na

aheeem chinas Belt and Road Initiative. ahemmm be careful Mr. Pres

No other option na ba 😦 clueless..

If Sec Dominguez should talk to PAGCOR and Philweb about access from HOME of on-line gaming. Government can limit access to moneyed people, even international players ala POGO.

What? Saan napunta ang pera? Kelan lang pinagmamalaki maraming pera kaya wag magalala.

From a man who publicly admitted he knows nothing about economics

Good move Mr. President but the key for economic rebound is to stop corruption from the Office of the President to all levels in Government. Alam ito natin, Mr. President lead the way, you know them.

minaliit ni rodrigo ang COVID19PH noong may panahon pang maiwasan ang krisis. ngayong nandito na at naghahasik na ng lagim ang veerus, biglang ganito na ang script ng magiting at masipag at maperang pinuno? pinakamadaling bahagi ang magyabang. pinakamahirap yung singilan na.

Your first resort would be to distribute the money orderly and equitably.

Benta sa China? Haha jk

Build build build? $50,000,000,000 is where now ?

Nakolekta na ba ung 51b or nalimutan lng?

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