economic stimulus

Bayanihan 2 and 2021 budget leave millions of unemployed behind

September 3, 2020

STATEMENT

Millions of Filipinos and their families will continue to suffer for years without a genuine stimulus program overriding the misguided fiscal conservatism and reckless optimism of the economic managers.

Bayanihan 2: Too small, hinders health and recovery

August 21, 2020

BY SONNY AFRICA

The beggarly Bayanihan 2 bill preferred by the economic managers and imposed on Congress is much too small for the magnitude of the crisis facing the country.

PH has the money for Php1.6 trillion stimulus

August 12, 2020

BY SONNY AFRICA

A robust stimulus response is needed and very possible. If there is none, it’s only because the Duterte administration chooses not to have one.

Stimulus: Spend, spend, spend Php1.6 trillion

August 11, 2020

BY SONNY AFRICA

Maybe all it takes for something to become government policy is to say it thrice?

Duterte gov’t to blame for worst economic collapse in PH history

August 6, 2020

STATEMENT

The Duterte administration is to blame for the worst economic collapse in the country’s recorded history. Growth rate falling to -16.5% in the second quarter from 5.4% in the same period last year is an unprecedented 21.9 percentage point drop.

PH ‘stimulus’ smallest in region

July 29, 2020

NEWS

Philippine spending in response to the COVID-19 pandemic is among the smallest in the region. The narrow-minded obsession with ‘creditworthiness’ stops the government from taking the urgent steps needed to restore livelihoods and save the economy.

SONA 2020: “Boracay is doing well because of its scenery”

July 28, 2020

BIRD FEED

The president is at the commanding heights of policymaking in the country. If this last SONA showed anything, it’s the lack of leadership over pandemic response at the very top — Pres. Duterte doesn’t seem to appreciate the worst public health crisis and economic decline in the country’s history.