fuel subsidy

Jobs crisis worsened by fuel price hikes and measly ayuda

March 18, 2022

NEWS

The huge drop in the number of labor force participants and employed persons from December 2021 to January 2022 is concerning and underscores the country’s precarious jobs situation.

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.