economic decline

IBON on the 39th anniversary of the EDSA People Power Revolution

February 25, 2025

STATEMENT

The lessons and spirit of EDSA are not relics of the past as the government wants the people to believe; they can inspire action today. In light of the escalating violations of Filipinos’ economic, social, and cultural rights as well as civil and political, it is more urgent than ever for the people to unite in a movement for genuine and radical change.

Latest growth figures confirm economy in decline under Marcos Jr

August 10, 2023

The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.

Shifting to MGCQ a short-sighted and desperate move without containing pandemic–IBON

February 18, 2021

Easing restrictions will not spur recovery without a real fiscal stimulus while risking the more rapid spread of COVID-19

On economic decline and passage of CREATE bill

February 1, 2021

Amid soaring public debt, congressional bicameral conference committee passes revenue-losing Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill.