News

Oil Deregulation Law review must focus on pricing and profits

September 19, 2011

The review will be more effective if it is a multi-stakeholder process involving not just government agencies but affected sectors and independent experts The review of the oil deregulation law ordered by Malacañang is welcome but should not pre-judge that the problem in the oil industry is only the lack of competition. According to research […]

Local diesel prices rising faster than global crude rates since oil deregulation

August 24, 2011

An analysis of monthly price data since the full deregulation of the oil industry in 1999 shows that local pump prices are rising faster than the global crude prices, according to research group IBON. An analysis of monthly price data since the full deregulation of the oil industry in 1999 shows that local pump prices […]

No comprehensive study to justify Php39.5 billion CCT budget for 2012

August 16, 2011

Huge budget increase is unjustifiable in the absence of conclusive studies about program implementation and impact The Aquino administration still does not have any major studies on the impact of the conditional cash transfer (CCT) program even as it is seeks a Php18.3-billion or 86% increase in the budget for CCTs to Php39.5 billion in […]

Growing poverty in Mexico further shows failure of CCT program

August 8, 2011

The number of poor Mexicans increased by over three million from 48.8 million in 2008 to 52 million in 2010 Philippine Congress should consider how poverty in Mexico is worsening before it approves doubling the budget of the conditional cash transfer (CCT) requested by the Aquino administration for 2012, despite having one of the world’s […]

IBON notes misleading rice data in SONA

July 27, 2011

The data on rice production cited by Pres. Benigno Aquino III in his second SONA are among the faulty facts and figures The state of the nation address (SONA) on Monday reported growth in rice production and increasing rice productivity that did not happen, research group IBON noted. The data on rice production cited by […]

SONA 2011: Little to report, less to look forward to

July 26, 2011

Pres. Aquino’s difficulty to report any meaningful economic accomplishment had led the SONA to resort to half-truths In just its second state of the nation address (SONA), the Aquino presidency has confirmed that it cannot be upfront about the real state of the nation and is unable to take the difficult reform measures needed to […]

SONA 2010 promises vs performance: facts and figures

July 26, 2011

The public deserves better than a selective presentation of facts and figures in the president’s first year, and is hoping to be given a whole picture of the state of the nation. According to research group IBON, Pres. Benigno Aquino III’s first state of the nation address (SONA) in July 2010 was as it is […]

IBON: Aquino SONA likely to be populist but public expects substance

July 23, 2011

There is always the chance that government will establish its sincerity to seek change; there are for instance simple and doable things that it can do in the economic front The president’s upcoming state of the nation address (SONA) will likely be very populist while having to admit, even indirectly, that the government has so […]

As SONA nears: Aquino performance notably poor in prices, jobs, wages, land

July 19, 2011

Even this manufactured post-Arroyo sense of hope is diminishing with growing disenchantment among the public and even among erstwhile allies of the administration The likely hype and promises in the president’s upcoming state of the nation address (SONA) should be seen in the context of economic realities,according to research group IBON. Pres. Aquino’s performance has […]