Despite the hype on our reputedly “higher than China’s” or - TopicsExpress

Despite the hype on our reputedly “higher than China’s” or “first in Southeast Asia” GDP growth, we are told, at last, that the economy has slowed, reportedly because of low spending on the part of government. You don’t need a PhD in economics to know it doesn’t make sense. From 2012 to 2013, President B. S. Aquino 3rd diverted hundreds of billions of pesos from the national budget into the unconstitutional Disbursement Acceleration Program, ostensibly “to ramp up public spending and accelerate GDP growth... Read more » The post Where are the stimulus projects? appeared first on The Manila Times Online. #Manila #News #Asia

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