The whole IBC-13 situation is a "big problem", Marikina City 2nd district Rep. Stella Quimbo admitted on Tuesday, Sept. 27 as House members brace for last-minute realignments in next year's P5.268-trillion General Appropriations Bill (GAB).
Marikina City 2nd district Rep. Stella Quimbo (
Economist-solon Marikina City 2nd district Rep. Stella Quimbo has explained in layman's terms how the headline-grabbing weakening of the peso can produce both "winners" and "losers" in the Philippine setting.
(File photo/ Mark Balmores/ MANILA BULLETIN)
"Yung exchange rate depreciation