Philippine President Rodrigo Duterte gestures as he delivers his State of the Nation Address (SONA) in Quezon City, Metro Manila, Philippines, on July 26, 2021. - Reuters
MANILA (Philippine Daily Inquirer/ANN): After delivering his almost three-hour valedictory State of the Nation Address, President Duterte wanted to explain all his major accomplishments.
He didn t say goodbye yet, because technically, he has 341 days or about 48 weeks in power and many things can still happen.
But to many citizens, this administration has rememberable achievements, good or bad, from both sides of the fence. And some compare the President to his probable successors next year.
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MANILA (Philippine Daily Inquirer/ANN): There is simply no denying the economic and social malaise the country is in right now. A rundown of the latest Ed-numbers going into the last year of the Duterte administration paints a discomforting picture: The worst post-war recession that saw the economy contract by 9.5 per cent in 2020 and another 4.2 per cent in the first quarter this year.
A precarious 16-year high debt-to-GDP ratio of 60.4 per cent as of March (international debt watchers consider as manageable a public debt equivalent to 60 per cent of gross domestic product). Government debt of 11.07 trillion pesos (S$300 billion) as of May and US$97 billion (S$132 billion) in outstanding foreign borrowings as of end-March.