IBON Foundation

National budget for 2024: A Budget Badly Made (Part 3)

August 25, 2023

FEATURES

The budget is only one of the wide range of policy measures the government has to spur growth, develop the economy, and improve the conditions of the people. The attention the public gives is well-deserved because the budget can do so much so quickly to achieve these.

Marcos Jr administration’s 2024 budget priorities

August 18, 2023

The government’s budget has for years been biased for big-business infra, debt-servicing and military, while allocations for social services, agriculture and labor have been lacking. The Marcos Jr administration’s 2023 budget was no different – how about the proposed 2024 budget?

Oil taxes continue to burden Filipinos

August 18, 2023

Oil taxes have burdened Filipinos whose purchasing power continues to diminish because of uncontrolled inflation and meager wages. When removed, Filipinos could be paying much cheaper for oil.

Tax the super-rich

August 15, 2023

NEWS ANALYSIS

Growing billionaire wealth amid increasing poverty, worsening joblessness, and stagnant wages shows that it’s high time for the Marcos Jr administration to heed calls for a wealth tax on the country’s billionaires.

6 consecutive weeks of oil price hikes burden Filipinos

August 15, 2023

Government can make oil products cheaper for Filipinos and moderate the snowball effect on the price of other goods and services by removing fuel taxes.

Three straight quarters slowdown confirms economic decline

August 11, 2023

Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]