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PhilHealth fund case tests government’s fiscal limits
The Freeman
|April 04, 2025
The Philippine government has pledged to adhere to any Supreme Court ruling requiring the return of excess funds transferred from the Philippine Health Insurance Corp. (PhilHealth) to the national treasury.
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Finance Secretary Ralph Recto made the statement on Wednesday during oral arguments in Baguio City, where the legality of the controversial fund transfer is being challenged.
Recto defended the transfer, calling it a "common-sense approach" to avoid borrowing from international sources for essential projects. He explained the move was made in light of the economic strain caused by the COVID-19 pandemic, which led to a 9.5% contraction in 2020—the steepest since World War II.
Dit verhaal komt uit de April 04, 2025-editie van The Freeman.
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