Liling Briones now has a regular column in the Business Mirror, I was pleasantly surprised. When Erap appointed her to head the Treasury, I had serious misgivings because her association with so-called "development organizations" meant she had a leftist bias. (Back in college, as a tenured professor, she established and headed the Freedom from Debt Coalition (FDC), although I found myself disagreeing, a lot of times, with the rhetoric and their use of selective data to support their polemics. When I took Public Fiscal Administration class for my elective, I sparred with a lot of FDC members in class on issues ranging from globalization to the role of the IMF).
I turned out to be wrong and she did her job exceedingly well. She even promoted a 'small investors' program' wherein the general public can invest in Treasury bonds in small denominations (like 5,000 and 10,000).
While some people may be passionate about music, or cars, or some sports activity, Briones' passions are mainly corruption and third-world debt. She has become a watch dog for political corruption. A trained accountant and with close association with the Commission on Audit, she's quite familiar with the tricks and underhanded manuevers used my unscrupolous politicians to tinker with the national budget as well as the disbursement of funds.
I look forward to reading her columns. I'm pretty sure Gloria is closely monitoring what she has to say.
I turned out to be wrong and she did her job exceedingly well. She even promoted a 'small investors' program' wherein the general public can invest in Treasury bonds in small denominations (like 5,000 and 10,000).
While some people may be passionate about music, or cars, or some sports activity, Briones' passions are mainly corruption and third-world debt. She has become a watch dog for political corruption. A trained accountant and with close association with the Commission on Audit, she's quite familiar with the tricks and underhanded manuevers used my unscrupolous politicians to tinker with the national budget as well as the disbursement of funds.
I look forward to reading her columns. I'm pretty sure Gloria is closely monitoring what she has to say.
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