IBON Foundation

Life histories of 2022 presidential candidates

March 6, 2022

Former senator Bongbong Marcos is the only presidential candidate without a university degree and lying about having one. Among the most important candidates, he is also the only one not immediately coming from public service or social advocacy work and it is unclear what he has been doing for the last six years. ADDENDUM: This […]

Gov’t, not pandemic, caused record deficits and debt – IBON

March 5, 2022

Had the Php5.3 trillion gross borrowings in 2020 and 2021 been spent on ayuda and producer subsidies, and less on infrastructure and debt servicing, economic rebound would have been bigger, revenues would have recovered faster, and there would have been less need for borrowing.

Record debt not due to COVID-19 response

March 5, 2022

The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.

The Family Living Wage

March 4, 2022

Workers’ wages keep falling amid inflation and unchanging minimum wage. NCR minimum wage is now just half of the family living wage.