Sen. Bam on government’s plan to obtain higher interest loans from China

The government owes it to the people to secure the best agreement, and not pursue a “friendly deal” that will later burden the Filipino people.

It’s not about China or Japan. It’s about finding the best option for our people. The government must bear in mind that in the end, it is the Filipino people who will bear the brunt of these loans through our taxes.

Hindi dapat ipagpalit ng pamahalaan ang kapakanan ng taumbayan sa “pagkakaibigan.” 

Napakabigat ng kapalit ng pagkakaibigang ito dahil Pilipinas ang mababaon sa utang sa mas mabigat na interes na hinihingi ng China. Ito ang dapat isaalang-alang ng ating pamahalaan.
We have resolved to file a resolution to ensure transparency in all government dealings with China or any other country and ensure that our people are getting the best deal.

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