debt
National government outstanding debt as of Dec 2022
February 3, 2023
Will World Economic Forum folks believe Bongbong?
January 16, 2023
The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.
The world’s converging crises: How did we get here?
October 20, 2022
The world economy is faced with converging crises – high debt levels, food and fuel inflation, weakening currencies, and a climate emergency that makes the planet’s very future uncertain. It’s a perfect storm for everyone, but it is having a disproportionate impact on poor countries and their poor populations.
National government outstanding debt as of July 2022
September 12, 2022
Amid 2023 national budget deliberations, the Marcos government proposes that a huge chunk goes to debt servicing. But the country’s bloated debt has not improved the lives of ordinary Filipinos.
National government outstanding debt as of May 2022
July 18, 2022
The country’s outstanding debt has hit record-levels. Did the pandemic really cause this or was this due to government’s policy missteps?
PH among worst performers in Southeast Asia
June 13, 2022
The government hypes the Duterte legacy but comparing growth, jobs, inflation, trade and debt figures with other Southeast Asian countries shows the Philippine economy as among the poorest performers. This is due not only to its poor COVID response, harsh lockdowns and refusal of economic stimulus but to pre-pandemic mispriorities.
New taxes to pay for Duterte indulgences, not for COVID response—IBON
May 26, 2022
The DOF’s proposed new taxes for the incoming administration are for paying off the Duterte government’s relentless borrowing for its infrastructure and debt servicing fetish, not for much-needed COVID-19 response.
