Sen. Marcoleta: Ginto ng Pilipinas ibinenta sa mas Murang halaga?

Senator Rodante Marcoleta questions the Bangko Sentral ng Pilipinas (BSP) for selling 24.95 tons of gold, the largest volume globally, reducing the country's gold reserves. He suggests the BSP could have earned more by waiting for higher gold prices, emphasizing gold's role as a crucial financial security asset. Marcoleta also expresses concern over the peso's depreciation and slower GDP growth, linking it to decreased government spending. DBM explains the gold sale as part of BSP's portfolio management, transferring to high-yield assets, and outlines a recovery plan focusing on regaining public trust and accelerating government spending to boost the economy. Get vidIQ to grow your channel faster! 🚀 https://vidiq.com/tags