Veronica Castillo, a resident in Marikina city's slums, voices her frustration over flooding: "Every year the floods will scrape the ceilings of the second floor...It's been eight years, she said."
Despite spending half a trillion dollars since 2022, President Marcos Jr's administration faces ongoing flooding issues, indicating that much of the funding has yet to yield visible results.
Following catastrophic weather events, damage costs have skyrocketed, with at least 4.7 billion Philippine pesos reported due to Tropical Storm Yagi, affecting nearly seven million people.
The Philippines has consistently ranked as the most vulnerable country to natural disasters for over 16 years, with floods and storms projected to cost the nation $124bn by 2050.
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