{
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    "date": "2018-10-16T20:00:02",
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    "slug": "ph-economy-duterteriorating-crisis-in-agriculture",
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    "link": "https:\/\/www.ibon.org\/en\/ph-economy-duterteriorating-crisis-in-agriculture\/",
    "title": {
        "rendered": "PH Economy Duterteriorating | Crisis in Agriculture"
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    "content": {
        "rendered": "<div class=\"gmail_default\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7161\" src=\"http:\/\/ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture.png\" alt=\"IBON 2018 1016 Duterteriorating_Agriculture\" width=\"3008\" height=\"1871\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture.png 3008w, https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture-600x373.png 600w, https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture-300x187.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture-768x478.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture-1024x637.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2018\/10\/IBON-2018-1016-Duterteriorating_Agriculture-385x240.png 385w\" sizes=\"auto, (max-width: 3008px) 100vw, 3008px\" \/><\/div>\n<div class=\"gmail_default\" style=\"text-align: center;\"><strong>#WorldHungerDay #UpholdPeopleEconomics<\/strong><\/div>\n<div class=\"gmail_default\"><\/div>\n<div class=\"gmail_default\">\n<p>Agricultural growth today falls far behind estimated population growth of 1.6% in 2018 and is well below the 7-decade historical average of 3.0% since 1948. The agricultural slowdown is also reflected in massive job losses in the sector.<\/p>\n<p>The Duterte administration only gives lip service to improving agricultural productivity amid this severe crisis of agriculture in the countryside. It also continues long-standing government neglect of the sector. The proposed 3.7% combined agriculture and agrarian reform budget for 2019 is even lower than the historical range of about 4-6% since the mid-1980s.<\/p>\n<p>Proposals to increase food imports may be necessary but should only be a short-term emergency measure used with restraint if it has been established that there is a shortage. It is possible for more food imports to lower prices but only if traders do not exploit tariff cuts just to increase their profits.<i> &#8211; From &#8220;Crisis of PH agriculture drives high inflation and economic slowdown&#8221;<\/i><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"gmail_default\"><i>Read more: <a href=\"https:\/\/www.ibon.org\/en\/2018\/08\/crisis-of-ph-agriculture-drives-high-inflation-and-economic-slowdown\/\" target=\"_blank\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/ibon.org\/2018\/08\/crisis-of-ph-agriculture-drives-high-inflation-and-economic-slowdown\/&amp;source=gmail&amp;ust=1539774185705000&amp;usg=AFQjCNHus6wPhSCM2fg8OVmOgJ5uluMc8g\">http:\/\/ibon.org\/2018\/08\/<wbr \/>crisis-of-ph-agriculture-<wbr \/>drives-high-inflation-and-<wbr \/>economic-slowdown\/<\/a><br \/>\n<\/i><\/div>\n<div class=\"gmail_default\"><\/div>",
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        "rendered": "<p>#WorldHungerDay #UpholdPeopleEconomics Agricultural growth today falls far behind estimated population growth of 1.6% in 2018 and is well below the 7-decade historical average of 3.0% since 1948. The agricultural slowdown is also reflected in massive job losses in the sector. The Duterte administration only gives lip service to improving agricultural productivity amid this severe crisis [&hellip;]<\/p>",
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