IBON Foundation
NCR and regional nominal wages vs family living wage, as of June 2023
July 7, 2023
The NCR and regional nominal wages fall short of the regional family living wage estimates. The BARMM still has the widest gap between the regional minimum wage (Php341) and the regional family living wage (Php1949).
National government outstanding debt as of May 2023
July 7, 2023
The national government outstanding debt has reached Php14 trillion and the Marcos Jr administration has the highest monthly average increase in outstanding debt compared to the past administrations.
PH inflation highest in region; purchasing power not keeping up—IBON
July 6, 2023
NEWS
The Philippines has the highest inflation in Southeast Asia and Filipinos’ purchasing power is not keeping up.
Marcos Jr Administration Year One
July 4, 2023
The Marcos Jr government projected its first year as being full of sunshine. But this has failed to conceal the administration’s inaction and incapability to genuinely serve and keep its promises to the Filipino people.
Marcos Jr’s first year passes without a wage hike, while NCR hike in July still paltry — IBON
July 3, 2023
The Marcos Jr administration cannot tout the NCR wage hike as an additional accomplishment to report on its first year. The new NCR wage is still so much lower than demanded by workers, than the FLW for a more decent standard of living, and even less than the increase in worker productivity, and the plight of millions more low-income self-employed and other informal sector workers and unemployed Filipinos remains unaddressed.
Rights defenders urge the United Nations (UN) anew to investigate human rights violations amid worsening economic crisis
July 1, 2023
Delegation members of the Philippine Universal Periodic Review (UPR) Watch network are in Geneva to report continuing rights abuses and lack of accountability amid a worsening economic crisis under the first year of President Ferdinand Marcos Jr’s presidency.
Marcos Jr not a reform president—IBON
June 28, 2023
Already one year into office, Ferdinand Marcos Jr has failed to pursue reforms that have true development at heart.
IBON Poverty Wages Feature
June 25, 2023
Filipino workers and their families are barely surviving on the minimum wage because this is even less than the rather low-standard official poverty threshold for a family of five. In other words, Philippine minimum wages are family poverty wages.
