IBON Foundation
Funding war on communities, not defense of Philippine sovereignty
October 1, 2021
The House of Representatives (HOR) railroaded approval of the 2022 national budget, including bloated funds for the defense department which has been more visible in violating human rights than defending Philippine sovereignty.
Worsening joblessness and informal work can be fixed with immediate ayuda, stimulus
September 30, 2021
Latest labor force data of high unemployment and increasing informal workers should be a wake-up call for government to immediately undertake stimulus measures.
Billionaire tax
September 27, 2021
The Duterte administration’s economic managers have for too long been more concerned about the wealth of a few than the plight of the many. But collecting just a fraction of the huge wealth of the few is a step to redistributing wealth towards the working people who did so much to create it. Related read: […]
Billionaire tax can fund ayuda and health–IBON
September 27, 2021
The Duterte government’s insistence that it lacks funds for a bigger COVID-19 response does not hold water. Substantial revenues can be raised by taxing the country’s super-rich who can well afford to contribute much more to pandemic response and other needs.
IBON Executive Director on 2022 budget preventing speedy recovery
September 25, 2021
The 2022 budget prevents speedy recovery. Doesn’t spend enough to stimulate the economy and even spends on the wrong things.
Hidden ill-gotten wealth makes Marcoses richest in Philippines
September 21, 2021
How have the Marcoses been able to be so politically influential even long after being driven out of Malacañang in disgrace in 1986? The failure to recover their stolen loot counts for a lot.
Golden years?: The real long-lasting economic damage wrought by Marcos
September 21, 2021
The Marcos administration was notorious for world-beating cronyism and corruption. But this is not enough to fully explain the worst economic collapse in Philippine history and continued decline long after the dictatorship was overthrown.
Under Marcos, PH economy worst performing in Asia
September 18, 2021
