an additional reason for the decrease in spending by the philippine government was the recent anticorruption crackdown by philippine president benigno aquino which resulted in civil servants delaying a rang of projects. this led to 15 percent of planned state spending about us$1.85 billion, being unused in the third quarter of 2014. however, this was only a short term decrease and, in the long-run, the crackdown on corruption should lead to a more transparent business environment as well as more equitable economic growth