6.4% inflation hits poorest Filipinos the most

September 8, 2018

Long-term solution is to strengthen domestic agriculture and Filipino industry to provide cheaper food, goods and services in the domestic market, lessen imports, and lower pressure on the peso to depreciate. Reverse the privatization or commercialization of water, power, education and health that make these services more expensive for profit. These steps the Duterte administration’s […]

Minimum Wage Insufficient

September 6, 2018

The National Capital Region (NCR) daily minimum wage with Php30 Cost of Living Allowance (COLA) totaling Php512 is not enough for a family of five members to be able to afford their basic needs. The minimum wage in the rest of the country’s regions is set at even lower levels.

Government losing control of economy –IBON

September 5, 2018

  The Duterte administration is losing control over the Philippine economy and the poorest Filipinos are suffering for this, research group IBON said upon the release of the August inflation rate. The greatly accelerating inflation is only the latest in a series of bad economic news about the economy’s so-called fundamentals. The Philippine Statistics Authority […]

IBON: Wage hike needed as Filipino families’ incomes erode January-July due to inflation

August 31, 2018

A substantial increase in the minimum wage is necessary and doable as the country’s poorest households are losing income due to escalating inflation, said research group IBON, contrary to the recent claims of an employers’ group. IBON estimates that income losses of the poorest 60 million Filipinos ranged from Php1,276 to as much as Php3,489 […]

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 […]

Institute meaningful wage hike, price control

August 27, 2018

Falling budget for PH agri, land reform

August 18, 2018

Read more: Crisis of PH agriculture drives high inflation, economic slowdown

Rewind to the 2008 rice crisis

August 15, 2018

Read more: Rice tariffication to impoverish Filipino farmers more, Congress warned

Crisis of PH agriculture drives high inflation and economic slowdown

August 10, 2018

Research group IBON said that the recently released second quarter 2018 growth figures confirm the fundamental reason for rising food prices: underdeveloped agriculture from government neglect. While the Tax Reform for Acceleration and Inclusion (TRAIN) law is the most proximate driver of inflation within the Duterte administration’s control, the agricultural sector’s underdevelopment is the long-term […]