Charter change

Agriculture weakened despite capital inflows in sector

March 23, 2023

Charter change advocates in Congress claim changing the constitution to favor foreign direct investment (FDI) will develop the economy. Yet while foreign capital poured into the agriculture, forestry and fisheries sector over the years, its share in the economy has plunged.

Cha-cha of economic provisions a smokescreen for political agenda – IBON

March 14, 2023

Rewriting the Charter’s supposedly restrictive economic provisions is just a smokescreen for the self-serving political agenda of the Marcos family and of legislators. Changing the economic provisions will not develop the economy.

On changing the economic provisions of the 1987 Constitution: More foreign investment does not mean more development

January 26, 2023

As the House Committee on Constitutional Amendments considers proposed amendments, IBON raises five major points on why economic provisions in the 1987 Constitution should be retained.

Crisis upon crisis: 2021 Yearstarter Birdtalk highlights

January 23, 2021

It is important that the government acknowledge the enormity of the public health and economic crisis. This is necessary for the vital shift in attitude from business-as-usual to undertaking urgent COVID-19 response and long-term reforms.

IBON debunks economic Cha-cha movers’ claims on FDI

January 19, 2021

Charter change proponents claim that removing economic protections against foreign investments is needed for economic recovery. But FDI liberalization will instead have long-term adverse impacts on national economic development.