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Marissa Isok Prof. Rodrigo S.

Dolorosa
BBTLED-ICT November 22, 2018

Economic Condition in the Philippines

There are so many changes that is happening in our country since President Rodrigo
Duterte is start to be the President of the Philippines. The most known issue is about the
dealing or the exchange of agreement between China and the Philippines. It is about the
natural resources, including oil and gas explorations.  Since president duterte announce as
the new president, the relationship of Philippines and China is now in good terms.  President
Rodrigo Duterte wants a good relationship in every country, that’s why they make an
agreement. But there are some Filipino’s don’t agree with this, it is because of the past of the
Philippines and China and also about the illegal drugs, they are the source of it and it is being
sold in the Philippines.  Next is about Inflation, inflation means the rising of prices of product
in the Philippines. The Philippines now is the highest inflation rate. It is very difficult to the
Filipino's who don’t have enough money to buy their own needs and as the product increase
the price, the value of the peso becomes lower. But at the same it is good for the other people
especially on the transportation.  It is very normal to the Philippines and it is always
happening here. It is normal to them that the product will increase  not just the product also
the transportation,  gas and energy.  When the economy is growing the inflation will happen. 
So many Filipinos barely struggling about it because they don’t know how to provide their own
needs especially to those who have their own families.  They will not spend too much just to
give what their children wants. Government can control it but not all the products.  If the price
is too high the government will talk to the owner of it. Be positive and just think that our
economy is doing very well
Reaction paper

The topic that I choose is about the deals of Philippines and China and the
promise of the President of China in our country. My reaction about the “President of China
will help the Philippines in every problem that we are facing”, for me it is good for the
Philippines because they are the reason why so many Filipino died in the battle in history and
also they will be able to regain loss in every Filipino’s who died in the battle because in the
end they will help us. The thought of China will support the Philippines in problem like
counter-tourism struggling, helping repair roads and they will also build new infrastructure is
very okay for me especially that the president promise that he will give the community a ton
of rice . President Xin Jinping many have plans to help the Philippines, and to recover the
Philippines . China will also provide the Education scholarship of every students in the
Philippines. We are so thankful that the China will help and support us. It is good that our
President is not problem to him because he wants to have a good relations between
Philippines and China and also to have peace.

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