Duterte administration

1.3M jobs lost: Fall in number of employed bursts full recovery hype bubble

June 11, 2022

The incoming finance secretary claims that the economy is on its way to full recovery, but the over one million drop in employed persons in April 2022 proves otherwise.

Real wages fall as inflation spikes

June 9, 2022

Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.

Duterte Legacy?

June 1, 2022

The economy that the Duterte administration painted in its final report was a fantasy. It omitted important numbers that show how it wasn’t an economy that worked for ordinary Filipinos. Download the landscape version of the infographic here.

Rice tariffication led to lost incomes

May 30, 2022

In 2020, rice farmers’ net income per hectare decreased by 30.7% in the dry season, by 37.5% in the wet season, and by 35% on the average as compared to figures in 2018. This translated to substantially lower profitability ratio for the farmers.

Pressure point

May 30, 2022

The government’s trademark has been to obscure the truth, peddle its own version of reality, and go on ahead with its most-often carefully thought-out programs that make the local and foreign super-rich happy. The newly-proclaimed leaders of the land made it clear that they’re not changing that.

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.