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Imelda Marcos: The Late President Marcos Cleverly Deposited the People’s Wealth

wealth





By: Elena Grace Flores




Filipino Future
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The People’s Wealth

Presidential mother, Imelda Marcos holds the truth in terms of the people’s wealth. She said that they are deposited by her husband, former President Ferdinand Marcos, Sr. to 170 banks worldwide. They are acknowledged by the World Bank. This is why the country can have priority loans without interest from the World Bank, IMF, ADB, and their subsidiaries.


Back-Up during Crisis

The wealth of the people serves as back-up funds during crisis. The deposits in 170 banks are linked with the World Bank. The taxes are not enough to alleviate hardships during the recession. Especially when the inflation rate becomes higher. The late president Marcos thought of this a long time ago.



Purpose

The priorities for the deposited funds are: housing projects, creations of millions of jobs, infrastructure projects, regional hospitals, health facilities, and agriculture.



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