'800 banks bankrupted': Dominguez disputes Imee Marcos' claim that father's Masagana program a success
Katrina Domingo, ABS-CBN News
Posted at May 20 05:32 PM
Finance Sec. Carlos Dominguez on Wednesday disputed Sen. Imee Marcos' claim that the Masagana 99 program during the Marcos presidency in the 1970s was an "effective use of commercial and rural banks," saying the policy left around 800 banks "bankrupted."
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