According to The Standard article, the supposed World Bank grant to Tacloban City will be used to rehabilitate and reconstruct the city after Super Typhoon "Yolanda." World Bank and government documents show the package was 90-percent grant and 10-percent loan for the rehabilitation of Tacloban City, meaning the government would pay only less than P300 million of the total funding of P3 billion.
According to Tacloban Mayor Alfred Romualdez who made headlines during the aftermath of super typhoon Yolanda for his involvement with a spat with Mar Roxas revealed to the media that President Aquino's refusal to give a sovereign guarantee that only he can grant prompted the World Bank to withdraw the P3-billion grant offered by the international institution.
Upon reading the expose made by The Standard, netizens took to social media to air their dismay with President Aquino's decision not to help the recovery effort in Tacloban City.
Here's Some of the Furious Comments Posted Online:
This president has been inflicting damage to the nation since his assumption of the presidency. It's a sigh for relief he is out of power in less than 3 months. The Filipino voter should not allow any of his clones, Roxas and Poe-Llamanzares to take the next presidency. Otherwise, we'll another six years of incompetence, vindictive blunders and exclusive administration. by FB user Richard C. Brasil
This is what boy driver meant when he said " remember you are a Romualdez and the president is an aquino" abnoy is as vindictive as they come. Although he supposed to be president of ALL Filipinos but he only selects those that gets his graces and those are the members of the yellow brigades,kkk and lapiang pork. We can not wait fast enough to see the last of this incompetent,stupid abnoy. BOYCOTT ALL lapiang pork candidates specially roxas aka boy driver. by FB user Cobra
This is one of the key reasons why the Filipinos must vote for Rody Duterte. Within the concept of Federalism, projects like these are not required any presidential approval, only an endorsement. We are very sorry for Tacloban City that PNoy's approval is required in this WB loan offer. Why PNoy does not want to rehabilitate Tacloban is a big, big question which cannot be easily answered but one dares to say that in addition to hate and vindictiveness, PNoy apparently does not understand how these things work. Recall that Cebu City embarked into a huge project called the South Reclamation Project, led by Mayor Tomas Osmena during the tenure of Aling Gloria Arroyo. Mayor Osmena obtained a loan from overseas to finance the ambitious project but needed the concurrence and endorsement of the administration of Mrs. Arroyo. In spite Mayor Osmena is not a member of Mrs. Arroyo's party being a member of the LP and his brother Sen. Serge Osmena was a top attack dog against Mrs. Arroyo, she herself, endorsed the project even instructing administration concerns to hasten the paper-work so the project can proceed with dispatch. The project is now completed and earning lots of revenue for Cebu City and the Philippine government in general. This is being pro-active and acts of being a leader of every Filipino, not only their party-mates, allies, friends KKK, etc. This is the reason why Mayor Tomas Osmena became a huge fan of the Arroyo administration just like the Garcias who also received the same treatment from the Arroyo administration. This is also the reason that when Mrs. Arroyo ran for reelection, she won by a landslide against the actor FPJ which made Grace P. Llamanzares so angry against the Cebuanos to the effect that she calls the Sugboanons as cheaters and cheats. Mrs. Arroyo is an excellent example of a pragmatic leader which is not in the pig-head like Benigno Simeon C. Aquino III. by FB User Victorino Villaflor
Netizens Shares Angry Comments After Pres. Aquino Refuse to Sign a P3-billion Grant to Tacloban Reviewed by Phil Newsome on 4/05/2016 Rating: