MANILA, Philippines — The party-list group Bayan Muna on Saturday said it is “impossible” to think that the government does not have the funds to assist victims of Typhoon Odette, considering that the country is the biggest borrower of the World Bank. “It’s impossible to think that this administration has no more budget for aid to typhoon victims, considering that the Philippines is the World Bank’s biggest borrower,” said Bayan Muna chairperson Neri Colmenares said in a statement. The country still has a calamity fund spanning two fiscal years, with a P20 billion budget for 2021, according to Colmenares. “There are still funding sources for typhoon Odette victims, considering all the debt incurred in the past five years,” he said. I agree to the Terms of Use and acknowledge that I have read the Privacy PolicyRead Next

Source: Philippine Daily Inquirer December 19, 2021 04:36 UTC