Diokno: China fell short of vow to help finance ‘Build, build, build’

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China fell short in delivering its promise to help finance the Duterte administration’s big-ticket infrastructure projects under its flagship “Build, Build, Build” (BBB) program, incoming Finance Secretary Benjamin Diokno said.

China fell short in delivering its promise to help finance the Duterte administration’s big-ticket infrastructure projects under its flagship “Build, Build, Build” program, incoming Finance Secretary Benjamin Diokno said.

“‘Yung train sa Mindanao, I think China ang gagawa noon. I don't know how much that would cost. I don’t know kung ipagpapatuloy nitong admin,” he said. As the central banker, he defended the Duterte administration from criticisms while commending how it had spent five percent of its gross domestic product for development projects amid the pandemic.

“Maraming projects na nagawa under this administration. In fact, ang mga gastos nila despite the pandemic is around 5 percent of GDP. ‘Yun ang pinaka accomplishment,” he said.

 

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Chinese debt trap.

Build build build budol budol budol

Blame game.

Chinaembmanila 🤦🏻‍♂️

Nangangamoy utang nanaman eto ha nahiya pa kayo sabihin CHINA PAUTANG dami ako kilala sa 31M mahilig mangutang.

Why rely on China. Japan is an honest project builder. I knew this when a project to build an access road(muddy and dusty on changing seasons) under Japan grants, the local contractor persuade the Japan to exclude putting up drainage. Japan said no & should follow the protocols.

Ay yun build-build-build po ay sa west Ph sea talaga nangyari🤷🏻‍♀️

Past is past. Let’s unity daw. 203Bangutang

Ha! Umasa masyado eh, dami tuloy utang ni Tatay Digs, salamat Tatay digong 🙃👊🏻

Actually they did build, without our permission of course….

Duterte fell short of delivering on Build Build Build That’s the headline.

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