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Tag: inequality

Underreported poverty

August 1, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomics

Richest getting richer

August 1, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomics

PH Economy Duterteriorating

August 29, 2018

IBON FEATURES – Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they know the ill-conceived […]

Severe Income Inequality in the Philippines (2)

June 19, 2018

Aside from only a few super-rich families holding one half of total Filipino family income, there is a huge gap between how much majority of ordinary Filipino households earn monthly, and that of the country’s top earners. But government’s market-oriented policies tend to make the rich richer and the poor poorer, such as slapping more […]

Severe Income Inequality in the Philippines

May 20, 2018

Despite being relatively high compared to other Asian countries, Philippine economic growth is lopsided in the interest of a few at the expense of the majority of poor Filipinos. High levels of wealth are concentrated in the hands of a few, while family incomes have stagnated in real terms, especially amid rising prices.

UCTs only temporary

March 11, 2018

DOF said TRAIN will be ‘manageable’ since there would be unconditional cash transfers (UCT) for 10 million poor households. However, UCT is at Php200 per month in 2018 and 2019 then becomes Php300 per month in 2020. It is discontinued in 2021, when the poorest Filipino families will be confronted by markedly higher prices that […]

Downplaying the price impact of TRAIN dishonest and insensitive–IBON

January 8, 2018

Petroleum excise taxes proven to be very inflationary in the past The administration persistently downplays certain increases in the prices of goods and services, research group IBON’s Executive Director Sonny Africa said. This is dishonest and insensitive to the burden that the Tax Reform for Acceleration and Inclusion (TRAIN) imposes on the poor to avoid […]

IBON: DOF insistence on its tax package confirms anti-poor, pro-rich Dutertenomics

September 15, 2017

Research group IBON said that the Department of Finance’s (DOF) resistance to even minor changes in its proposed tax reform program confirms the anti-poor and pro-rich character of the Duterte administration’s economic policies. The Senate Ways and Means Committee proposed minor changes to shift some tax burden from the poor to the rich at its […]

Dutertenomics: lost cause?

July 20, 2017

During the Duterte administration’s first year, there was all the hype about aiming for inclusiveness and championing the common Filipino family’s dream for a comfortable life. The President took important, some unprecedented steps including hinting nationalism, willingness to work with progressives in the cabinet and pursuit of peace negotiations. Yet the administration capitalized on bloody […]