economic growth

Marcos Jr admin oblivious, failing to arrest deteriorating people’s welfare — IBON

January 24, 2025

If the economy is so steady and employment so robust, why are more Filipinos unable to afford what they need and falling into poverty?

The bright side of the economy in 2025

January 7, 2025

Public awareness and demands for a better budget are essentially demands for an economic framework that prioritizes the welfare of the many over the interests of the few. This is a potentially powerful foundation for better economic policymaking in 2025 and beyond.

PH “upper middle-income status” is just a number and a fantasy

December 1, 2024

The measure of being an upper-middle income country refers to an average that completely obscures the conditions of the majority. UMIC doesn’t really mean development in its most important sense of the well-being of people.

Job-losing growth in first quarter 2024 is cause for alarm not optimism – IBON

May 10, 2024

The difficulty in creating enough decent and sustainable work which leaves millions of Filipinos to survive off of meager incomes certainly cannot in any way be a source of “optimism and pride,” as the National Economic and Development Authority (NEDA) put it when the growth figures were released

Economy returning to pre-pandemic slowing growth hits poor the worst – IBON

January 31, 2024

Most recent GDP figures puts the economy on the same trajectory of slowing growth that plagued it prior to the pandemic.

Three straight quarters slowdown confirms economic decline

August 11, 2023

Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]

Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON

May 14, 2023

The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address