New admin needs new policies to fix old problems — IBON

June 30, 2022

As the next president is inaugurated and the new administration is ushered in, new policies are desperately needed to fix old economic problems that worsened under the Duterte administration.

1.3M jobs lost: Fall in number of employed bursts full recovery hype bubble

June 11, 2022

The incoming finance secretary claims that the economy is on its way to full recovery, but the over one million drop in employed persons in April 2022 proves otherwise.

Real wages fall as inflation spikes

June 9, 2022

Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.

New taxes to pay for Duterte indulgences, not for COVID response—IBON

May 26, 2022

The DOF’s proposed new taxes for the incoming administration are for paying off the Duterte government’s relentless borrowing for its infrastructure and debt servicing fetish, not for much-needed COVID-19 response.

No Moving on When Democracy is Threatened with Elitist, Authoritarian Politics

May 25, 2022

Filipino educators join the mounting calls of concerned citizens, communities and people’s organizations for the COMELEC to not dismiss and instead to seriously investigate reports of fraud, disinformation, disenfranchisement, and vote-buying in the 2022 national elections.

Red-tagging Kontra Daya convenor delusional–IBON

May 20, 2022

It is delusional and malicious to say that these simple capacity-building activities are organized by the Central Committee of the CPP through Arao as alleged

8.3% in Q1-2022 the end of high GDP growth rates

May 12, 2022

While economic growth in the first quarter of 2022 is welcome, this is mainly driven by base effects and election-related spending. Growth is also weak and unsustainable considering the unfavorable jobs market. Things could be even worse depending on how the volatile global economy plays out. This will likely be the last relatively high growth reported, and the next administration will have to make do with weaker growth performance.

Million increase in underemployed: Economy still not creating enough decent work

May 6, 2022

NEWS

Government should not be complacent following the reported increase in employment, considering the spike in underemployment and in part-time work. Many Filipinos are still struggling to make ends meet and the economy is still weak despite reopening.

Inflation spikes, yet cash subsidies nowhere in sight

May 6, 2022

NEWS

The fastest consumer price increases in over three years makes cash aid ever more urgent. Yet the Duterte administration keeps reneging on its promised aid to families.