Tag: deregulation

​Why rice tariffication does not guarantee lower rice prices

August 25, 2018

Accelerating inflation is becoming worrisome for tens of millions of low-income Filipino families. Since the Tax Reform for Acceleration and Inclusion (TRAIN) kicked off early this year, the prices of goods and services have climbed incessantly. Rice inflation itself accelerated from just 1.5% in the beginning of 2018 to a 5% high in July. Inflation […]

Consumers to pay big business, foreign firms’ income tax under Duterte bill

October 20, 2017

By Arnold Padilla (Released at the launch of consumer network Samahan at Ugnayan ng Konsyumer para sa Ikauunlad ng Bayan (SUKI)) When President Rodrigo Duterte told striking jeepney drivers and operators “Magtiis kayo sa hirap at gutom”, he could be as well speaking to all poor Filipinos who struggle with ever-rising cost of electricity, water and […]

Rehashed neoliberal policies: One year of Dutertenomics

June 28, 2017

The Philippines is in a worsening socio-economic crisis. The direction of economic policies under the Duterte administration is alarming and in urgent need of correction. The government’s economic team still uses the anti-development policy framework of past administrations which will mean greater economic distress for the majority of Filipinos. The economy’s poor performance since June […]

Marcos-initiated “globalization” led to PH economic decline

November 26, 2016

  “In 1980, the Marcos regime actually made the Philippines the first country in Asia and the second country in the world, after Turkey, to be at the receiving end of a World Bank structural adjustment loan (SAL). The conditionalities of the US$200 million loan included among others tariff cuts, removal of import licenses and […]

Challenge to Real Change

July 25, 2016

On the day of the State of the Nation Address, IBON explains why the 10-point economic agenda hangs like a dark cloud over pro-people economics prospects and even the chief executive’s recently-affirmed popularity   #SONA2016 #justpeacePH | IBON Features  The unorthodox candidate and eventually President Rodrigo Roa Duterte made a flurry of announcements before and […]