MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – For someone who has recently been invited to speak at the London School of Economics, Vice President Leni Robredo sure has a lot to say about the economy, especially about the ‘sinking’ Philippine peso.
Just yesterday, Robredo asked the Duterte Administration and economic managers to explain why the value of the peso has dipped so fast and so low.
Today, she proposed that the Philippines replace its official currency with the U.S. Dollar.
”Since the U.S. Dollar is very strong, it would be to a great advantage for the Philippines and the Filipinos to shift to the American currency. It will solve a lot of our economic problems and eliminate poverty in the country. It will truly result in ‘Angat Buhay’ “
If Robredo’s proposal is adopted, Filipinos will soon all be spokening dollars!