An additional reason for the decrease in spending by the Philippine government was the recent anti-corruption crackdown by Philippine President Benigno Aquino, which resulted in civil servants delaying a range 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.