So why does the World Bank think poverty reduction will continue at the frenetic pace it did in the first half of 2013—by three percentage points, despite a steadily slowing down economy? There is only one explanation: The World Bank loves Noynoy Aquino. The bank wants him to succeed, despite a string of scandals involving the illegality and unconstitutionality of his three major initiatives—the RH Law, the Priority Development Assistance Fund (PDAF or pork barrel of legislators), and the Disbursement Acceleration Program (the P150-billion petty cash of President Aquino which he dispenses with remarkable political elan and savvy). The Supreme Court has declared all three initiatives—anchor programs of the Aquino regime—unconstitutional. manilastandardtoday/2014/08/13/republic-of-rizal/
Posted on: Wed, 13 Aug 2014 08:00:05 +0000
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