News
Address slowing growth, government told
August 28, 2015
The administration’s economic managers should focus on strengthening the agriculture and manufacturing sectors to arrest the current slowdown Research group IBON said that government should be concerned about the country’s slowing growth and the slowdown in agriculture and manufacturing. Although the Philippine Statistics Authority reported that the gross domestic product (GDP) grew in the second […]
Growth to remain unsustainable, shallow under globalization framework–IBON
August 14, 2015
Trend of slowing economy and shrinking production persists precisely because the government has merely continued to rely on foreign markets and capital to push growth Despite recent claims made by Malacanang on the improving economy, the anticipated economic slowdown in the second quarter of 2015 affirms the trend of weakening economic growth. According to research […]
DAP-like mechanism persists in proposed 2016 budget
August 10, 2015
The proposed 2016 budget includes an apparent attempt to legalize DAP through Section 63 of the 2016 NEP’s general provisions Despite a Supreme Court decision last year declaring the Disbursement Acceleration Program (DAP) unconstitutional, a mechanism to retain discretionary lump-sum funds persists in the proposed 2016 budget, research group IBON said. Instituted by Department of […]
Proposed 2016 budget: billions of PPP funds allotted to support private sector profits
August 7, 2015
These cover expenses for right-of-way acquisition and displacement of informal settlers by at least 13 road and expressway projects Contrary to Pres. Benigno Aquino’s claims that the government is not spending for public-private partnerships (PPPs) and that the private sector is even paying the government, billions of pesos are again allotted for selected PPP projects […]
Proposed 2016 national budget prone to abuse in election year
August 6, 2015
There are large lump-sum amounts including suspiciously for local governments Research group IBON said that the proposed 2016 national government budget is vulnerable to abuse in the critical 2016 election year. There are large lump-sum amounts including suspiciously for local governments, as well as an apparent attempt to give the administration greater flexibility to declare […]
Aquino Legacy: Wealth of richest tripled
July 24, 2015
The administration’s policies have ensured that the profit-seeking interests of big business are met The country’s few rich became richer while wages and incomes remained low for millions of working Filipinos in the last five years. This would be one of the clear legacies of the Aquino administration, research group IBON said. What government claims […]
Aquino Legacy: More poor Filipinos in the last 5 years
July 22, 2015
Within its term govt could have laid foundations for Filipino industries to bolster farmers’ and workers’ incomes, create decent-paying, stable jobs Research group IBON said that the growing number of poor Filipinos in the country today debunks the Aquino administration’s claims that its successful poverty alleviation strategy would be one of its achievements that must […]
Aquino Legacy: Jobs crisis unprecedented in PH history
July 21, 2015
This only shows the poor quality of the jobs created, while regular jobs are lost The number of unemployed Filipinos continued to swell since the start of Pres. Aquino’s term, making the worsening job crisis a distinct feature of the administration, according to research group IBON. The group said that the number of unemployed Filipinos […]
Latest mining disaster further signal to junk mining law
July 19, 2015
The Mining Act has violated constitutional provisions restricting foreign participation in key sectors, and allowed big local and foreign business to cover up the plunder of the country’s resources Research group IBON reiterated the call for government to junk the 20-year-old Philippine Mining Act after a portion of the mining pit collapsed and buried miners […]
