News
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 […]
Hacienda workers poorer under SDO: SC decision denies chance of improved condition
July 4, 2011
The SC missed the opportunity of making a landmark verdict on the Hacienda Luisita issue, which would have broken the feudal monopoly of the Aquino-Cojuangco clan over the 6,453-landholding and brought immediate and long-term economic benefits to the farm The Supreme Court (SC) decision fails to give justice to thousands of Hacienda Luisita farmers, as […]
IBON: Psalm rate hike bid anti-consumer, EPIRA to blame
June 30, 2011
The financial bleeding of Napocor continued under EPIRA because the law legitimized the onerous contracts signed by Napocor with the IPPs The petition for another 39-centavo per kilowatt-hour (kWh) hike in power rates through the universal charge is anti-consumer, according to research group IBON. The petition filed this week by the Power Sector Assets and […]
Philippine Development Plan 2011-2016: A Social Contract With Whom?
June 22, 2011
The essential economic thrust is straightforward: stick to the globalization policies implemented over the last decades, deepen and broaden privatization… [wpdm_package id=4209 template=”link-template-default.php”] The Aquino administration adopted the Philippine Development Plan (PDP) 2011-2016 in March this year which the National Economic and Development Authority (NEDA) formally released to the public on May 30, 2011. The […]
Aquino’s plan upholds discredited development model
June 2, 2011
The PDP gives disproportionate stress on public-private partnerships (PPP) as if, the group said, these will substantially address the country’s underdevelopment troubles The Aquino administration has formally released the Philippine Development Plan (PDP) 2011-2016, but research group IBON says the plan poses serious problems for the economy as it insists on a discredited development model. […]
Slow 1st Quarter Growth Indicates Year-End Target Unlikely To Be Met
May 30, 2011
The government should not merely bank on PPP-driven infrastructure, multi-million cash dole outs, global economic recovery and the supposed “business and consumer” trust in government to achieve meaningful growth. The slow 4.9% growth in the gross domestic product (GDP) in the first quarter shows how the relatively high growth in 2010 was mainly a rebound […]
