Category Archives: Economy

Statement Of VP Leni Robredo On Declining PH Inflation Rate

 

Nakakabahala.

I am deeply concerned about the continued decline in the Philippines’ inflation rate.

I read on Facebook as well as on Rappler’s Twitter account that the country’s inflation rate for the month of June is down to 2.7%. That’s the lowest in the last 22-month period.

Nakakabahala.

I challenge the Duterte Administration to immediately institute all measures possible to reverse the declining trend for the greater good of the Filipino people.

Our economy should improve upwards, not downwards.

Nakakabahala talaga.

MARIA LEONORA ROBREDO

 

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VP Leni Robredo Very Concerned About Continued Drop In PH Inflation Rate

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – The Philippines’ inflation rate dropped to 2.7% in June, the lowest in the last 22 months, and Vice President Leni Robredo is very concerned.

”Nakakbahala,” (it’s concerning) Robredo said. “It’s proof that under the Duterte administration, everything is on the decline, whereas our country should be moving up,” she told The Adobo Chronicles.

She promised that under a Robredo presidency, this will never happen.

Cash-strapped Filipinos Can Now Avail Of P50K Financial Assistance From OVP

QUEZON CITY, Philippines (The Adobo Chronicles, Quezon City Bureau) – Be careful what precedent you set because it could come back to haunt you! This seems to have happened to Leni Robredo and the Office of the Vice President (OVP).

Robredo just handed out P50,000 each to the 22 fishermen who figured in that now infamous collision between a Philippine fishing boat and a Chinese vessel in the West Philippine Sea. The OVP had said that the dole out was part of Robredo’s flagship anti-poverty program she named “Angat Buhay.”

Now, many poor Filipinos are wanting to avail of Robredo’s P50K dole out.

Rather than be accused of unfairly favoring the 22 fishermen, Robredo announced today that any Filipino who can prove the need to rise from poverty may now avail of the OVP’s  Angat Buhay dole out.

All one needs to do is call or visit the OVP to request for the P50K assistance. No questions asked!

But Filipinos need to act fast. The dole outs will only be available until there is a remainder in the OVP’s 2019 budget of P664 Million.

So what are you waiting for?