household savings

Recovery stalls with Q2 GDP quarter-to-quarter contraction — IBON

August 11, 2022

Contrary to the new economic team’s hype, research group IBON said that the quarter-on-quarter contraction of the economy in the second quarter of 2022 shows that recovery remains weak and requires more determined government action. IBON said that reopening the economy is not enough because too many Filipinos are still jobless, earn too little, and […]

As Filipinos’ suffering increases, government ayuda decreases

June 17, 2021

Millions of poor and low-income Filipino households are bearing the brunt of the health and economic crisis and are in desperate need of ayuda. Things are much worse for them now than before the pandemic and the grossly inadequate government response. This includes the refusal to give the ayuda that so many so urgently need.