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Malacañang, bumwelta kay dating Pres. Duterte sa patutsada nito kay PBBM kaugnay sa gold reserves
PTVPhilippines
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2/25/2025
Malacañang, bumwelta kay dating Pres. Duterte sa patutsada nito kay PBBM kaugnay sa gold reserves
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Transcript
Display full video transcript
00:00
Malacanang went back to former President Rodrigo Duterte's
00:05
and President Ferdinand R. Marcos Jr. for the sale of gold reserves.
00:09
The details are reported by Clay Zalfardilla of PTV Manila.
00:15
Malacanang may have misled the former President Rodrigo Duterte
00:20
of the theft and sale of family property of President Ferdinand R. Marcos Jr.
00:26
According to the BSP, the sale of gold is just a regular activity.
00:36
How? Why? To pump up the economy.
00:41
Even at the time of former President Duterte, this was already the work of the BSP.
00:48
Did he not know that?
00:52
Solely managed by the BSP.
00:55
So how can the President have a hand in this?
01:00
According to the Banco Central ng Pilipinas,
01:03
the agency strictly regulates the gross international reserves of the country,
01:09
including the gold reserve.
01:11
It is far from maintaining the stability and ability to exchange pesos
01:16
According to the Pandaigdigang Mercado,
01:18
the fund is exclusively used to meet the foreign exchange requirements of the country.
01:23
It buys gold and sells it to the BSP at a high price.
01:29
According to the BSP, the income of the GIR will reach $103.8 billion in 2023.
01:38
The GIR of the country increased to $106.3 billion last year.
01:44
That's why Malacanang is back on Duterte's side.
01:47
Is this a joke or a promise made?
01:50
According to Duterte, jetski passengers are being taken to Spratly Islands
01:55
to plant the BSP and fight for the rights of the country in the West Philippine Sea.
02:02
What is his proof? Again, as a lawyer.
02:05
He is a lawyer.
02:07
He became a fiscal.
02:10
Does he know how to get evidence?
02:16
To get the truth.
02:18
Why him? It's like he has no evidence.
02:22
He is always intrigued.
02:25
All we want here is evidence.
02:27
He will show it.
02:29
If the PBBM or the President ordered to sell gold reserves.
02:35
But they say that the GIR of the country increased to $106.3 billion.
02:42
So it means that we don't have a problem with our gold reserves.
02:47
So that's fake news.
02:49
From PTV Manila, Clay Zalfordilla, Balitang Pambansa.
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