debt
Debt-driven growth an increasing burden–IBON
July 20, 2018
Nearing the third State of the Nation address, research group IBON said that debt-driven growth under the Duterte administration is not resulting in substantial improvements in the Philippine economy. According to the group, while ballooning debt accelerated government spending and pushed the 6.8% economic growth during the past year, the agriculture and industry sectors, which […]
Martial law declaration will not help economy–IBON
May 25, 2017
The Duterte administration’s declaration of martial law in Mindanao increases political instability in the country, research group IBON said, and will not help the economy, which is already slowing as it is. While the 1987 Constitution provides for such a declaration, its indiscriminate use gives the impression of an authoritarian government arbitrarily using power for […]
