Social Services

Will you stop the commercialization and privatization of education and health services? Will you put an end to automatic debt servicing?  Will you prioritize spending government funds for needed economic programs and social services over debt servicing and military spending?

In 2010, the Arroyo administration is spending only P6.85 per Filipino per day on education, P1.10 on health and 16 centavos on housing – while paying P21.75 in debt service. (IBON computations on DBM data)

Government debt was P4.40 trillion as of end-2009 which is equivalent to P74,000 per working age Filipino and more than double the P2.17 trillion debt inherited from the previous Estrada government. The administration has effectively been borrowing an additional P250 billion annually since coming to power. (BTr)

Over 2001-2010, the Arroyo administration has paid (IBON computations on BTR and DBM data):

  • P5.85 trillion – debt service, which is over three times the P1.8 billion in debt payments made over 15 years by the Aquino, Ramos and Estrada administrations combined
  • P1.59 trillion – education
  • P197 billion – health
  • P42 billion – housing

——————–

Benigno “Noynoy” Cojuangco Aquino Jr.

Liberal Party

  • No clear position on social services, debt service, and military spending.

——————–

John Carlos “JC” Gordon Delos Reyes

Ang Kapatiran Party

  • Recognizes that some foreign debts “must be honored” while open to possibility of “debt condonation if necessary”.
  • Platform does not have clear position on social services, debt service, and military spending.

——————–

Joseph “Erap” Ejercito Estrada

Partido ng Masang Pilipino

  • As president, allocated relatively more of budget for social services compared to the Aquino, Ramos and Arroyo administrations. Nonetheless debt servicing was still prioritized over education, health and other social services.

——————–

Richard Juico “Dick” Gordon

Bagumbayan-Volunteers for a New Philippines (B.BAYAN-VNP)

  • Says he wants to call for a moratorium on debt servicing to fund basic social services although, as senator, made statements that government should address the national debt in a way that avoids credit rating downgrades.

——————–

Maria Ana Consuelo “Jamby” Madrigal-Valade

Independent

  • Advocates capping debt payments, repudiating onerous debt, and demanding and exacting reparations and restitutions for previous unfair  trade and onerous debt.
  • Will prioritize public funding for nationalist education including canceling government foreign debt service and unfair trade payments and rechanneling these to the construction of classrooms and other facilities.

——————–

Nicanor Jesus “Nicky” Pineda Perlas III

Independent

  • Says he will distinguish between two kinds of debts: legitimate and illicit. All legitimate debts will be honored while he will work to change laws that automatically pay for illicit debts obtained through graft and corruption.

——————–

Gilberto Eduardo Gerardo ”Gibo” Cojuangco Teodoro, Jr

Lakas ng Tao-Kabalikat ng Malayang Pilipino (LAKAS-KAMPI)

  • Will continue with automatic debt servicing and believes that borrowing is good as long as there is efficient financial management.
  • Even as a representative, consistently lobbied to increase the budget for the military and to increase the size of the armed forces.

——————–

Eduardo “Eddie” Cruz Villanueva

Bangon Pilipinas (BP)

  • Vows to call for a debt moratorium aside from pushing for improved revenue collection.

——————–

Manuel “Manny” Bamba Villar Jr.

Nacionalista Party

  • As senate president, passed national budgets allocating more funds for debts than for social services.
  • However, now vows to vigorously pursue various forms of debt relief from international financial institutions and foreign banks and to prioritize the allocation of funds for basic social services.
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