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Monday, August 24, 2020

Malaking gulo! Win Gatchalian warns: ‘Rev gov’ calls could lead to economic, political crisis

The country could be plunged into an economic and political crisis if calls for a revolutionary government (rev gov) persist and there will be a shift to federalism, Senator Sherwin Gatchalian said Tuesday (August 25).

Gatchalian issued the warning after a group, composed of President Rodrigo Duterte’s supporters, called for the establishment of a revolutionary government and the shift to a federal form of government.

The senator, however, said even the country’s economic managers, during several Senate hearings on federalism, have voiced out their stand against the shift to federalism which in the long run could hurt the country’s economy, as this will create instability in our fiscal position and will prompt a massive fiscal deficit in our budgeting system.

“Kung ibaba natin ito sa local governments, maba-bankrupt ang national government, sino ang magbabayad ng mga utang? Lalaki yung ating deficit. Ngayon ang tanong — saan tayo kukuha ng panggastos para labanan ang COVID-19? Even the economic managers were very wary and they were strongly opposing the shift to federalism,” Gatchalian said.

Gatchalian raised the possibility that a change in the form of government at this point could further push the country on the brink of collapse.

“Kapag nag-move tayo to federalism at this point in time, mas lalaki pa ang problema natin, from health crisis lilipat tayo into economic crisis, or even a political crisis,” he said.

The senator urged Duterte to talk to his supporters to dissuade them from calling for a revolutionary government.

“Ang isang magandang approach ay kausapin na lang sila ng Pangulo at hikayatin na mahahati nito ang ating bansa at hindi natin ito kailangan sa panahon ng pandemya,” he said.

The post Malaking gulo! Win Gatchalian warns: ‘Rev gov’ calls could lead to economic, political crisis first appeared on Latest Philippine politics news today.



Source: Latest Politics News Today (Politics.com.ph)

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