PAPUNTA SA DAANG MATUWID

ABS-CBN - headstart with karen davila - Prof Ben Diokno described as an illusion the Aquino administration's claim that it generated "savings in 2011." You can't have savings and borrow at the same time. We just have a lot of unspent money, which has been authorized by Congress. That's what they call 'savings' but in truth we have HUGE deficits," Remittances from overseas Filipino workers, which was estimated to hit $20 billion in 2011, has helped prop up the Philippine economy. However, he said growth of remittances has been SLOWING in recent years.