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PH economy worries Drilon

  • Written by Bernadette E. Tamayo
  • Published in Nation
  • Read: 243

SENATOR Franklin Drilon urged the country’s economic managers to come up with measures to “cushion” the effects, on the economy, of President Rodrigo Duterte’s tirades against the Philippines’ longtime allies.

Drilon said that while he supports the Duterte administration’s push for a more independent foreign policy, “the country cannot afford to lose the support of its long-time ally countries, especially in the economic and development sectors.”

The President had repeatedly criticized the United States, the European Union (EU), and the United Nations (UN) for questioning his all-out war against illegal drugs on the issue of human rights violations.

The government’s anti-drugs campaign has so far led to the death of over 3,000 suspected drug traffickers as well as users during police operations. Some were also killed by alleged vigilante groups.

“Antagonizing multilateral institutions and having poor relations with other countries may have serious economic consequences,” Drilon said.

The Senate President Pro Tempore said that among these negative effects would be “the possible reduction in the foreign aid contributions to the Philippines, currently at a whopping $3 billion.”
“The government should take precautionary measures to cushion the impact once foreign aid contributions to the country are reduced, or should the United States and the European Union take the President’s challenge to withdraw foreign aid seriously,” he said.