economic rebound
Filipinos didn’t feel growth because of ayuda cuts and stingy wage hikes – IBON
January 27, 2023
Millions of ordinary Filipinos did not benefit from supposedly rapid 2022 growth because the government tightened the purse strings on urgent cash assistance and only gave a negligible wage hike last year.
Rapid 2022 growth just a flash in the pan, poverty even increased — IBON
January 27, 2023
Relatively rapid growth in 2022 is only a rebound after the protracted pandemic lockdowns and there will be a steep slowdown this year.
Gov’t growth hype hides worsening situation of ordinary Filipinos — IBON
November 23, 2022
The finance secretary’s recent trumpeting of rapid growth is hype, and in reality the economy and the conditions of ordinary Filipinos have barely even returned to pre-pandemic levels.