Philippine Inflation Will Peak in the Third Quarter Says Budget Secretary

The video discusses the inflation problem in the Philippines, highlighting factors like oil prices, tax reform, and swine flu. It examines the impact of the peso's depreciation and compares current inflation rates with historical data. The government measures to control inflation and manage the budget are outlined, including debt servicing and the 'Build Build Build' program. The video also touches on federalism plans and typhoon preparedness funding.

What historical context is provided regarding inflation rates in the Philippines?

How does the government plan to address the inflationary pressures mentioned?

What are the implications of the current debt to GDP ratio mentioned in the text?