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Rethinking public debt as positive investment in sustainable development

The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the Covid-19 pandemic and the resulting economic contraction have pushed the average government debt level in the Asia-Pacific region to its highest since 2008. Public debt distress is expected to worsen amid the global economic…
Boac River Camarines Sur Marcopper Tapian Holy Week

PHL economy still facing stormy winds | Zoilo 'Bingo' Dejaresco III

THE country’s economic growth was stopped abruptly by the Covid pandemic. But with Covid now spoken in the past tense and the economy reopened after the world’s longest lockdown, are we headed for Paradise? Hardly. The headwinds are still bellowing and painful adjustments and repairs of the RP ship are…
Camarines Sur Boac River Marcopper Tapian Holy Week

A Lenten appeal for spiritual commitment: Fast for Mother Earth

AS Christian nations observe the Holy Week, my husband, the late senator and former environment secretary, Heherson T. Alvarez always called for environmental penitence—a FAST FOR MOTHER EARTH. It is a call for personal sacrifices by cutting individual carbon footprints to minimize the impacts of climate change caused by deforestation…
Boac River Camarines Sur Marcopper Tapian Holy Week

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