Category Archives: Economy

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?

 

 

 

OVP Justifies P5OK Doleout To Fishermen Involved In Maritime Incident

QUEZON CITY, Philippines (The Adobo Chronicles, Quezon City Bureau) –  Leni Robredo is being criticized for handing out P50,000 each to the 22 fishermen involved in the recent maritime incident in the West Philippine Sea. Was it a dole out, a PR stunt or a genuine gesture under the Vice President’s anti-poverty program, Angat Buhay?

In a hastily-called press conference, complete with merienda (snacks), the Office of the Vice President (OVP) justified the cash outlay.

”You see, Angat Buhay is Vice President’s flagship program. The cash gifts to the fishermen falls under the program because the incident involved a ship with a (Chinese) flag,” an OVP a spokespersom told reporters.

Meanwhile, the OVP is also considering reimbursing online news source Rappler for the Disney-type animation video it produced in the early hours following the maritime incident.

How Many Zeroes In A Centibillion? We Asked Philippines’ Vice President Leni Robredo

MANILA, Philippines (The Adobo Chronicles) – She’s a lawyer, although she flunked the bar on her first try.  But she’s also known for her math skills, using them to publicly criticize the rising retail prices of rice and the Philippines’ inflation rate.

So  when it was recently reported that Microsoft founder Bill Gates  has joined Amazon founder Jeff Bezos as the world’s only two centibillionaires, we asked Robredo how many zeroes there are in a centibillion.

While math wizards quicky told us there are 11 zeroes in  a centibillion, Robredo disagreed, asserting that there are only 9 zeroes.

”Centibillion comes from two words — cent and billion. A cent is written out in numbers  as 0.01. So multiplying 1 billion by 0.01 gives is 9 zeroes.”

She even showed us a screenshot of her calculation using her China-made iPhone.