Sinking fund: Philippines lost up to US$2 billion in 2 years to flood corruption
- Posted on September 2, 2025
- By South China Morning Post
- 6 Views
Sinking fund: Philippines lost up to US$2 billion in 2 years to flood corruption
Up to 70 per cent of government funds have gone down the drain from ‘ghost and poor-quality projects’, the finance secretary tells Senate.
