Economic cha-cha is no vaccine for recovery or development

January 13, 2021

The economy’s development lies in using the protections in the Constitution to gain from foreign investment, not in taking away the protections and giving self-interested foreign investment free rein over the domestic economy.

No government stimulus

January 7, 2021

Cash subsidies for poorest households urgent as inflation reaches 21-month high

January 5, 2021

In the face of soaring prices, joblessness and meager incomes, emergency cash subsidies for the poorest Filipinos and support for small businesses need to be increased substantially. Distribute Bayanihan 2 cash assistance immediately, and a new cash subsidy program to cover several millions of vulnerable citizens should be drawn up.

Dire state of PH economic, social, and cultural rights

December 27, 2020

The pre-pandemic year saw the nation’s pre-existing social and economic woes worsening. Pursuing the people’s economic, social, cultural, civil and political rights is urgent and vital in getting out of the COVID crisis and moving towards real recovery.

Capitalism Upon COVID-19

December 25, 2020

Analysis | The planet’s richest 30 billionaires now own more than the poorest four billion people or over half of the world’s population combined. The world economy is ending 2020 on a bleak note for billions of the working people everywhere.

Money to Vaccinate Everyone for Free

December 22, 2020

Duterte’s Borrowing Binge

December 22, 2020

Php92,190 DEBT PER FILIPINO. Government’s outstanding has reached a whopping Php10 trillion so far under the Duterte administration as of October. With a 108.8 million population and 24.7 million families, each Filipino in effect owes Php92,190 and each Filipino family owes Php405,636. Half of families earn Php22,000 or less monthly – which means that the […]

Record debt under Duterte administration

December 21, 2020

Each Filipino in effect owes Php92,190 and each Filipino family owes Php405,636. The average Filipino family owes as much as it earns in 18 months or over one-and-a-half years.

Ballooning Duterte debt for whom?

December 21, 2020

Infographic | Things aren’t getting beer in 2021. Government will borrow anoher Php3 trillion next year while paying Php1.8 trillion in debt service.