IBON Foundation
Slower economy affirms undue hype over credit rating upgrade
May 9, 2019
Sign of unsound economy Slower gross domestic product (GDP) growth during the first quarter of 2019 belies any claim of a healthy Philippine economy. Research group IBON stressed that the Duterte administration’s enthusiasm over the recent credit rating upgrade that the country got is unwarranted. Instead of hailing business-biased programs, government should look to more […]
PH debt growth fastest in 9 years
May 9, 2019
Inflation slows but prices still higher than before
May 7, 2019
Inflation slowed in April 2019 but rice, fish, sugar, and many vegetables are still more expensive than last year
How do the senatoriables fare on contractualization?
May 4, 2019
Endo has not been ended. Various forms of contractualization are still abound and continue to subject millions of workers to low paying insecure jobs without benefits. Who will act to end contractualization once and for all?
Malacañang’s enthusiasm on credit rating upgrade unwarranted-IBON
May 4, 2019
IBON executive director Sonny Africa said that the recent credit rating upgrade is not a sign of economic progress and that Malacañang’s enthusiasm is greatly unwarranted. The credit rating upgrade is most of all an assessment of the government’s ability to repay debt and not of economic development. There would be no such upgrade if […]
Worsening state of Filipino workers under Duterte
April 30, 2019
Employers can afford Php750 minimum wage—IBON
April 30, 2019
Employers can very well afford to raise the minimum wage to Php750 which only entails a small cut in their profits, research group IBON said. The Duterte administration should support this hike which will help millions of Filipino households dependent on wages and salaries cope with the rising cost of goods and services, said the […]
Workers left behind in growing economy under Duterte administration
April 29, 2019
Wages of workers in the National Capital Region (NCR) continue to fall even as their growing labor productivity drives economic growth under the Duterte government. The mandated minimum wage is not even keeping up with the rising cost of living for ordinary Filipinos. Research group IBON said that keeping wages low distributes wealth unevenly and […]
