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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.

National budget for 2024: A Budget Badly Made (Part 2)

August 25, 2023

FEATURES

Band-aids are not necessarily a bad thing. Social spending can be wielded to improve people’s conditions – which is important in itself even if not prioritized by the administration. But it can also be used to increase overall aggregate demand and stimulate the economy – which presumably even a narrow, growth-fixated mindset would appreciate.

National budget for 2024: A Budget Badly Made

August 25, 2023

FEATURES

Contrary to incredible “pro-poor” claims, the proposed 2024 national budget’s numbers tell a much different story about the administration’s priorities.

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 […]