inequality

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 […]

Change? Not three decades after EDSA, not under PDP–IBON

February 26, 2017

The Philippines remains backward and underdeveloped with severe inequality 31 years after the so-called EDSA revolution, research group IBON said. The Duterte administration’s new Philippine Development Plan 2017-2022 will not change this, said the group, in continuing the failed neoliberal policies of the Marcos regime and all subsequent administrations. EDSA 1986 was a repudiation of […]

Meaningfully distribute income, wealth and assets

January 13, 2017

Growth is not felt by the poor majority. The wealth of the 10 richest Filipinos grew 220% within 2010-2015 while the real value of the average daily basic pay of wage and salary workers rose by just 5.3%. From 2015-2016, the net worth of the 40 richest Filipinos grew by almost 14% while the real […]

64% of Filipinos had trouble paying for electricity—IBON Survey

November 21, 2016

​IBON’s latest survey showed that many Filipinos had trouble meeting expenses on electricity and water in the recent months. Asked how their family met expenses on electricity and water in the past three months, six of ten said they had trouble meeting electricity expenses while many said they had trouble meeting water expenses. Sixty-four percent […]