These are the stories making the headlines on ANC today:
Effects of El Niño
According to the NDRRMC, agricultural damage from El Niño in seven provinces reached P2.6 billion. Will this affect inflation and the prices of goods? What does the government intend to do to mitigate the effects of El Nino?
How fare thee, economy?
How did the economy fare in the first quarter of 2019? The BSP will be presenting the results of surveys on business and consumer expectations for the first three months of the year. According to government economic managers, the recent budget impasse in Congress could affect growth. Then there’s the effects of El Nino and the promise of the finance department that the country will be able to pay back the loans from China.
Presidential Spokesman Salvador Panelo and Supreme Court Justice Antonio Carpio crossed swords on the issue of China loans to the country. Who got the upper hand? There will be a national convention of lawyers in Iloilo. For sure, members of the legal community will voice their opinions on the issue.
Today is the President’s birthday. How will he spend it and with whom? He still has to scrutinize the budget bill and fend off criticisms, particularly of China loans and the supposed harassment of Filipino fishermen in Scarborough Shoal. Then there’s the ICC probe on his war on drugs and the accusation his former economic adviser Michael Yang is involved in illegal drugs.
The brothers Ayala
Fernando and Jaime Augusto Ayala said Manila Water is taking responsibility for the water crisis. They said a “multitude of factors” led to the lack of water supply. The other day, Manila Water announced give its customers some relief in their water bills.