ayuda

Still only token ayuda in 2022 budget – IBON

August 30, 2021

The Duterte administration’s proposed 2022 budget once again refuses to give the ayuda that millions of Filipinos need to alleviate the economic distress from lockdown-induced disruptions to livelihoods. COVID-19-related emergency assistance programs have been discontinued. There is some additional funding for existing social welfare programs but this falls far short of huge needs since the pandemic.

Ayuda urgently needed to mitigate worsening poverty

August 21, 2021

The government has just announced the transition from ECQ to modified ECQ so the economy can supposedly recover. But the Duterte administration’s over-reliance on destructive lockdowns without effective and substantial health and economic response, like much-needed ayuda, is what’s really worsening the crisis and pushing more Filipinos into poverty.

Use ₱133.9-billion TRAIN revenues for ayuda – IBON

August 14, 2021

The Duterte administration can use revenue generated by its regressive TRAIN law to fund emergency cash assistance. TRAIN’s new taxes increased the prices for goods and services consumed by the majority poor Filipinos even amid the pandemic and the revenues can be used productively while the law remains.

The Family Living Wage (as of July 2021)

August 13, 2021

How much does a family need to live decently? With ayuda still slow in coming and too little at that, millions of Filipino families aren’t going to be able to meet their basic needs.

IBON Executive Director on Q2 2021 economic growth and urgent need for ayuda

August 10, 2021

[QUOTE] The 11.8% growth figures come at the worst possible time. The economic managers will use this to justify their narrow-minded opposition to a real fiscal stimulus. Yet putting more money in the hands of millions of poor and vulnerable Filipinos is extremely effective to fix the economic damage from the ill-conceived over-reliance on lockdowns to contain the pandemic.

June labor force survey confirms economy not recovering despite reopening

August 3, 2021

The latest labor force survey (LFS) shows how far away the economy is from recovering without real fiscal stimulus. Job generation is hollow with a bloating informal sector and huge contraction in full-time work. These will worsen with the looming ECQ which will push millions of Filipinos into deeper economic distress.