Freedom from Debt Coalition
11 Matimpiin St., Pinyahan, Quezon City 1100, Philippines
Phone: +63.2.921.1985 | Telefax: +63.2.924.6399 | Website: www.fdc.ph
Keeping an eye on Aquino’s commitment to change
The new administration of President Benigno S. Aquino III begins with an extremely high trust rating of 88 percent – higher than any of the post-dictatorship presidents. This is a measure of people’s belief in the commitment of the Aquino administration to reverse the anti-poor policies implemented during the regime of Gloria Macapagal-Arroyo.
We in the Freedom from Debt Coalition (FDC) submitted to the President an Agenda outlining demands for changes in the debt and public finance policy, the power industry, the water sector, and government’s stance on climate negotiations and responses to climate crisis. This is in the context of a looming fiscal crisis due to the record-breaking deficit and empty public coffers left by the Arroyo administration, electricity prices soaring past major Asian cities save Tokyo, a water crisis that is pushing Filipinos to desperate extremes, and a looming La Niña that might bring us another devastating Ondoy.
