government spending
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 […]
Debt benefits
January 22, 2022
The national government deficit and debt are historically large amounts and so easy to raise alarms about. But if current borrowing is used productively, this debt burden is actually not necessarily unmanageable.
Strong fiscal stimulus? Below average spending worsens in 2021, 2022
July 25, 2021
In the name of credit-worthiness, the Duterte administration increased its spending by only a bit, which is not at all commensurate to the enormity of the crisis at hand.
IBON Executive Director on Bayanihan 2 spending
November 24, 2020
Lawmakers are eyeing the extension of Bayanihan 2 until a COVID-19 vaccine is available. Does this fix the law? At the same time, the economic managers have rejected any Bayanihan 3.