Isko Moreno Defends Divisoria Market Sale Amid Criticism | "Boy Benta" Controversy Explained

Описание к видео Isko Moreno Defends Divisoria Market Sale Amid Criticism | "Boy Benta" Controversy Explained

Former Manila Mayor Isko Moreno addresses the controversy surrounding the sale of the Divisoria public market, a decision that earned him the nickname "Boy Benta." Critics have raised concerns about the city's stake in the historic market being sold, but Isko offers a clear defense. He explains the financial struggles caused by an underperforming lease that dated back to 1992, which only earned the city ₱20 per square meter monthly. With the sale generating ₱1.4 billion in funds and boosting Manila's tax revenue, the money was used for critical COVID-19 relief efforts. In this video, learn about the economic realities behind the decision and how Mayor Moreno stands by it, asserting his willingness to make tough calls if it benefits the people.
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