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Will Marcos’ costly SONA promises bust Philippines’ budget?

Experts contend the vast cost of delivering on Marcos’ State of the Nation Address pledges would risk ‘bankrupting’ the government

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Philippine President Ferdinand Marcos Jnr delivers his fourth State of the Nation Address (SONA), at the House of Representatives in Quezon City on Monday. Photo: Reuters
It felt like Christmas in July in the Philippines this week, as President Ferdinand Marcos Jnr delivered his State of the Nation Address on Monday with a veritable haul of gifts: cheap rice, free laptops, free bus rides and expanded healthcare.

Yet for all the gift-giving flourish and parade of populist promises, one question remained – who will foot the bill?

The annual State of the Nation Address (SONA) has long served as a platform for Philippine presidents to trumpet their achievements and outline policy ambitions. But this year, Marcos conspicuously bypassed substantive discussion of foreign affairs and economic reform, instead opting for a speech that many analysts saw as an unabashed attempt to curry favour with the public.

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Filipinos were “dismayed” by the state of basic services, the president opined, listing off the core anxieties of daily life: food, education, health, public transport. He urged local governments to revitalise parks and plazas and decreed that three major track-and-field ovals would be opened to the public to encourage exercise.

A family plays with a ball at a pocket park on private land in Makati, south of Manila, in 2019. Marcos urged local governments to revitalise public parks and plazas. Photo: EPA-EFE
A family plays with a ball at a pocket park on private land in Makati, south of Manila, in 2019. Marcos urged local governments to revitalise public parks and plazas. Photo: EPA-EFE
The timing of the president’s pledges was no accident. His address came in the wake of May’s bruising midterm election, when administration-backed Senate candidates fell far short of expectations, capturing only half the available seats.
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