Forex rates kuwaiti dinar to philippine peso Videos

Because of the national debt in the Philippines. The government must pay of the debts that borrowed by our government to the foreign lenders and the World Bank/IMF. Of course when they used the money to pay of debts. We're talking about million and billion of dollars here. Beside, the country is only paying the interest rates. So every day, it drops million of dollars. This is where the enslavement of the country's coming from. So the country is not really paying the loaned money, but interest!