IBON Executive Director on economic managers’ proposals to alleviate Ukraine conflict impact
March 9, 2022
The Economic Development Cluster (EDC) proposes to cope with the Ukraine conflict by shifting to Alert Level 1, just Php6.1 billion in fuel subsidies, increasing buffer stocks of oil products, lowering tariffs on food and coal imports, promoting energy conservation, and attracting investments.
Inflation worsening: Gov’t should act fast as households’ incomes hemorrhage
October 5, 2018
Research group IBON said that inflation has not tapered off as government projected but has accelerated in September, highlighting government’s continued neglect in addressing rapidly rising prices of goods and services. The group said that government continues to push failed neoliberal measures, while feigning concern for Filipino families struggling with a quickly falling purchasing power. […]
295,000 jobs lost since Duterte assumed office, IBON maintains
September 13, 2018
Research group IBON stood by its estimates that close to 300,000 jobs were lost since the start of the Duterte administration, that has been downplaying the fact. The group stressed this after Employers’ Confederation of the Philippines (ECOP) honorary chair Sergio Ortiz-Luis said that IBON’s description of jobs lost is “deceiving”. Ortiz-Luis reportedly said that […]
Duterte admin’s econ direction troubling, but peace talks may stir change?
January 18, 2017
While the unorthodox Pres. Rodrigo Duterte gained popular support due to its pro-poor pronouncements and promise of change, research group IBON said that the neoliberal economic agenda prevails as Duterte’s economic managers and other dominant groups push big business-biased/free market-oriented policies over people-centered reforms. Nevertheless, IBON also said that the ongoing peace negotiations between the […]