“The loans for President Rodrigo Duterte’s ayuda (aid) initiatives and other government projects during the COVID-19 pandemic are being paid for by the interest from Marcos’ gold reserves.”
Social media posts
Claim dated 15 Jan 2023.
Vera Files rated thisNo Basis
In short
This claim spread on social media around 15 January 2023. Vera Files (Philippines) looked into it and published its finding on 30 January 2023, 15 days later. Its rating was “No Basis”.
Where the claim appeared
- YouTube videohttps://www.youtube.com/watch?v=NUUdcQPau30
Links recorded by Vera Files. Some posts may have been deleted since.
This check was done by Vera Files, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.