IBON Foundation
On economic decline and passage of CREATE bill
February 1, 2021
Amid soaring public debt, congressional bicameral conference committee passes revenue-losing Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill.
Expansionary fiscal stance more urgent than ever
January 28, 2021
The economy is not just hindered by quarantine restrictions. It is also stifled by the unprecedented loss of informal sector livelihoods and enterprise closures which has contracted household incomes, wiped out savings, and collapsed aggregate demand. These have to be directly addressed.
Wage hike necessary, overdue amid pandemic and high prices
January 23, 2021
A substantial wage hike remains just and necessary even amid the pandemic economic shock. It is incumbent on the government to come up with schemes to enable a wage hike that increases incomes of low-income households and which will also stimulate aggregate demand in the economy. This can include mandating higher wages while giving wage subsidies to micro, small and medium enterprises (MSMEs)
Crisis upon crisis: 2021 Yearstarter Birdtalk highlights
January 23, 2021
It is important that the government acknowledge the enormity of the public health and economic crisis. This is necessary for the vital shift in attitude from business-as-usual to undertaking urgent COVID-19 response and long-term reforms.
IBON debunks economic Cha-cha movers’ claims on FDI
January 19, 2021
Charter change proponents claim that removing economic protections against foreign investments is needed for economic recovery. But FDI liberalization will instead have long-term adverse impacts on national economic development.
The 2021 Yearstarter Birdtalk
January 16, 2021
There’s certainly much we can do to make sure that 2021 is better.
IBON: Cha-cha won’t fix pandemic damage | PhilStar
January 14, 2021
