‘This is bad economics’- Saleshando
Thursday, February 12, 2026 | 420 Views |
Saleshando
Responding to Gaolathe's nearly four-hour speech under 40 minutes, Saleshando said the numbers really reveal a dangerous trend of overspending and growing deficits in today's ailing economy.
“In 2024, we collected P69.9 billion and spent P81.6 billion. In 2025, revenue was P71.2 billion, but expenditure ballooned to P96.7 billion. Now in 2026, we are projecting P77.2 billion in revenue against P103.6 billion in spending. That leaves us with a deficit of P26.4 billion,” he said.
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