6.4% inflation hits poorest Filipinos the most

September 8, 2018

by IBON Foundation

Long-term solution is to strengthen domestic agriculture and Filipino industry to provide cheaper food, goods and services in the domestic market, lessen imports, and lower pressure on the peso to depreciate. Reverse the privatization or commercialization of water, power, education and health that make these services more expensive for profit. These steps the Duterte administration’s economic managers hinder due to their stubborn adherence to failed neoliberal policies. #UpholdPeopleEconomics#IBON40