beleive it or not, the country's foreign debt had aleady reached a whooping 3.8 trilliooooooon..this is an accumulated debt from the past administration upto the present...GMA proposes VAT as her way to solve this problem...but as an ordinary citizen, what can u suggest!
as for me this seems hopeless..we need a 1st world country to liberate us from this menace with the expense of giving up our sovereignty...[sigh]
http://www.sunstar.com.ph/static/dav...rp.s.debt.html