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The expensive and harmful ‘Build Better More’

June 2, 2023

The Philippine government has a repetitive narrative when it comes to infrastructure – that it will “revitalize the economy” and “create more jobs” or that the government is “Building more for better lives” — claims so-repeated that they seem like obvious benefits. But history shows that this is not always the case.

2018 Yearender: Are You High? The Economy Isn’t

December 31, 2018

by Sonny Africa Executive Director, IBON Foundation The Duterte administration’s economic managers made some odd statements as the year wound up. Economic planning secretary Ernesto Pernia said “the Philippine economy became stronger and even more resilient than ever”. Finance secretary Carlos Dominguez III insisted on “the soundness of the Duterte administration’s economic development strategy”. Bangko […]

Decade of 7% PH Growth: It’s Just A Fantasy

October 18, 2018

By Sonny Africa In a speech before leaders of the Association of Southeast Asian Nations (ASEAN) in Bali, Indonesia, Pres. Rodrigo Duterte said that the country is on an “upward trajectory of growth”. He was echoing the country’s economic managers who were recently touting a recovery of Philippine economic growth to the 7-8% target next […]

Ang Tumitinding Pasakit ng Rehimen

July 14, 2018

Download pdf here Humahagupit ang dagdag na pahirap sa naghihirap nang mamamayan sa ikalawang taon ng panunungkulan ni Presidente Duterte. Pangunahing lumatay ang pagpapatupad ng kanyang gobyerno ng pasaning buwis mula sa Tax Reform for Acceleration and Inclusion (TRAIN) para lamang pondohan ang kanyang maka-dayuhan at maka-oligarkiyang grandyosong programa sa imprastaktura, ang Build, Build, Build […]