Record debt under Duterte administration

December 21, 2020

Each Filipino in effect owes Php92,190 and each Filipino family owes Php405,636. The average Filipino family owes as much as it earns in 18 months or over one-and-a-half years.

Duterte gov’t fails to meet its human rights obligations amid the pandemic

December 10, 2020

STATEMENT

The country’s poorest and most marginalized are being left behind by the COVID-19 response of the Duterte administration. On the other hand, wealthy creditors are protected and large corporations including foreign investors are getting their profits boosted.

IBON Executive Director on Bayanihan 2 and CREATE

November 27, 2020

#MalalangEkonomiya #MayMagagawa #PeopleEconomics

IBON Executive Director on Bayanihan 2 spending

November 24, 2020

Lawmakers are eyeing the extension of Bayanihan 2 until a COVID-19 vaccine is available. Does this fix the law? At the same time, the economic managers have rejected any Bayanihan 3.

Govt stinginess worsens Filipinos’ suffering and PH economic collapse

November 10, 2020

Statement | Months into the worst economic collapse in the country’s history, the Duterte administration’s obsession with creditworthiness and the myth of a fundamentally strong Philippine economy is preventing it from taking the measures needed for real and rapid recovery.

IBON asks: How much of Villar wealth is driven by BBB?

October 29, 2020

NEWS | The systematic use of public funds to support private oligarch wealth is among the reasons for 12 Philippine real estate developers to be counted among Forbes’ World’s Billionaires list

IMF sees Vietnam overtaking PH: It’s not because of COVID

October 15, 2020

COMMENTARY

Our economic managers would do well to stop being blinded by their neoliberal dogma and start taking a more strategic view of national development. Without radical changes in our economic policies the Philippines will just keep getting left further behind.

Budget for infrastructure towers over health, social protection, MSME support–IBON

September 16, 2020

NEWS

Health and social protection even in terms of infrastructure should be prioritized but these are dwarfed by programs such as roadworks and grandiose transport projects that are not as urgent.

It really hurts: Economic infrastructure over health

September 12, 2020

BY JOSE LORENZO LIM

Are the planned infrastructure projects really what the economy needs right now after everything that’s happened this year? How much of the infrastructure helps fight the COVID-19 pandemic?