Under Marcos, PH economy worst performing in Asia
September 18, 2021
On military modernization: Money for nothing
September 16, 2021
There have been a series of mishaps lately, involving newly acquired AFP aircraft. Yet, the Duterte government continues to prioritize defense in the 2022 budget, particularly AFP modernization.
Spending like normal during the very abnormal pandemic crisis
September 16, 2021
Inessential infra isn’t more important than health, ayuda
September 16, 2021
Why spend more on military and police than small businesses and farmers?
September 16, 2021
No more COVID-19 ayuda, stingy increases in social assistance
September 12, 2021
How much ayuda is in the proposed 2022 budget? There’s just a Php2.7 billion increase in emergency assistance programs, and only an additional Php16.1 billion for other social assistance programs. In contrast, the infrastructure budget increases by Php106.7 billion.
Duterte administration’s 2022 budget priorities
September 5, 2021
It’s business-as-usual for the Duterte administration in its proposed 2022 budget. It doesn’t respond to the pandemic and economic crisis that has destroyed livelihoods, lowered incomes, and worsened poverty.
Still only token ayuda in 2022 budget – IBON
August 30, 2021
The Duterte administration’s proposed 2022 budget once again refuses to give the ayuda that millions of Filipinos need to alleviate the economic distress from lockdown-induced disruptions to livelihoods. COVID-19-related emergency assistance programs have been discontinued. There is some additional funding for existing social welfare programs but this falls far short of huge needs since the pandemic.
Govt’s 7-9% growth in 2022 is just a fantasy – IBON
August 26, 2021
The Development Budget Coordination Committee has had a poor record of projecting economic growth in the last five years with their estimates always off the mark. Worse, their narrow-minded fiscal conservatism is the biggest factor preventing more rapid recovery.