IBON Foundation
Lockdown gnawed at poorest families’ meager incomes
August 11, 2021
Duterte’s poor COVID response: Biggest unemployment increase in Southeast Asia
August 11, 2021
The pandemic hit everyone, but the Philippines could have responded at least as well as other countries in the region.
IBON Executive Director on Q2 2021 economic growth and urgent need for ayuda
August 10, 2021
[QUOTE] The 11.8% growth figures come at the worst possible time. The economic managers will use this to justify their narrow-minded opposition to a real fiscal stimulus. Yet putting more money in the hands of millions of poor and vulnerable Filipinos is extremely effective to fix the economic damage from the ill-conceived over-reliance on lockdowns to contain the pandemic.
Q2 rebound isn’t recovery, will fade without real stimulus – IBON
August 10, 2021
NEWS
The positive second quarter growth in gross domestic product is only a rebound from the record economic collapse in the same period last year. It is not a sign of recovery gaining traction.
June labor force survey confirms economy not recovering despite reopening
August 3, 2021
The latest labor force survey (LFS) shows how far away the economy is from recovering without real fiscal stimulus. Job generation is hollow with a bloating informal sector and huge contraction in full-time work. These will worsen with the looming ECQ which will push millions of Filipinos into deeper economic distress.
Under Duterte: Least and lowest wage hikes in 35 years
August 1, 2021
