People walk around a mall in Boracay Island on Nov 30, 2021. - Reuters
MANILA (Philippine Daily Inquirer/Asia News Network): The unprecedented cost of addressing the Covid-19 pandemic has heavily burdened not only the Duterte administration, but also the incoming president to be elected in the May 2022 elections.
For starters, the next administration will have the painful task of dealing with a huge pile of debt. The Philippines has borrowed P1.15 trillion (US$22 billion) to finance the prolonged fight against the pandemic.
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