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Tag: agricultural underdevelopment

Govt anti-inflation measures inadequate and anti-agriculture

October 2, 2018

Research group IBON said that the Duterte administration’s anti-inflation measures are reckless stop-gap measures that will ironically harm domestic agriculture, displace farmers and fisherfolk, and worsen food insecurity. The group also said that the government should use its vast authority to take much more decisive steps to reduce inflation. President Duterte issued Administrative Order (AO) […]

Crisis of PH agriculture drives high inflation and economic slowdown

August 10, 2018

Research group IBON said that the recently released second quarter 2018 growth figures confirm the fundamental reason for rising food prices: underdeveloped agriculture from government neglect. While the Tax Reform for Acceleration and Inclusion (TRAIN) law is the most proximate driver of inflation within the Duterte administration’s control, the agricultural sector’s underdevelopment is the long-term […]