INQUIRER: BOBI TIGLAO: Smuggling at its worst under Aquino, Wednesday
- Smuggling in the Philippines is at its worst under Pres Aquino's administration, with the smuggled value averaging $19.6 billion annually, an explosion from the comparable figures of $3.1 billion and 3.8 billion yearly during the terms of President Joseph Estrada and Gloria Macapagal-Arroyo, respectively. In Mr. Aquino's first two years in office, the value of smuggling totaled $39.2 billion, more than the $35.6 billion during Arroyo's nine years in office. (Based on IMF's Direction of Trade Statistics)
- Smuggling in the Philippines is at its worst under Pres Aquino's administration, with the smuggled value averaging $19.6 billion annually, an explosion from the comparable figures of $3.1 billion and 3.8 billion yearly during the terms of President Joseph Estrada and Gloria Macapagal-Arroyo, respectively. In Mr. Aquino's first two years in office, the value of smuggling totaled $39.2 billion, more than the $35.6 billion during Arroyo's nine years in office. (Based on IMF's Direction of Trade Statistics)
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