Philippines needs more than 50 billion pesos to rebuild Marawi

Bloomberg

Philippine President Rodrigo Duterte said $975 million will not be enough to rebuild the southern city of Marawi, citing massive damage caused by the conflict between government troops and IS-linked militants that’s been running for almost four months.
Duterte also said he wants the budget that was slashed from the Commission on Human Rights to be spent instead on police equipment. He had accused the human rights chief of being a spokesman of his political opponents, who he alleged want him ousted as president.
Duterte said his drug war will continue and that big-time personalities will be hunted down even as the campaign has led to killings of teenagers, inflaming public indignation. “There are some people who died, even teenagers, it doesn’t mean to say that you have to stop. We cannot stop.”
Duterte said he’s still considering if he will resume peace talks with communists after they released the police officer taken as hostage. He said he will take into account the views of the police and the military.
The military said in a separate statement two more strongholds
in Marawi have been retaken from IS-linked militants and it expects
to seize more positions as the
battle continues.