Aqunio urges support as scandal threatens to hurt Philippine economy

July 28, 2014 12:20 PM

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Aqunio urges support as scandal threatens to hurt Philippine economy

MANILA (Reuters) - Philippine President Benigno Aquino called on the nation on Monday to support his reforms as he faced the biggest political crisis in his four years in power, a spending scandal that could damage his anti-graft image and undermine reforms.

The Supreme Court this month declared partly illegal a 145 billion pesos ($3.34 billion) economic stimulus fund that Aquino created in 2011 from budget savings, sparking a storm of controversy that put into doubt his commitment to fighting corruption.

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