inflation
Projected rice tariffication revenues may not be enough support for farmers
August 10, 2018
Research group IBON doubted that projected revenues from imposing tariffs on unlimited rice imports instead of quantitative restrictions (QRs) on the staple would be enough to support farmers’ production. The group stressed this amid worrisome agriculture decline and increasing food prices, which the National Economic and Development Authority (NEDA) yesterday used to justify proposals for […]
Poor Filipino families worst hit by rising July 2018 inflation
August 8, 2018
Research group IBON said that faster inflation largely due to rising food prices hits poor households the worst. The group also said that the Duterte administration’s proposal to increase food imports is short-sighted, and that the best defense against rising food prices and high inflation is to increase domestic food supply through long-term solutions that […]
Poorest 60M Filipinos suffer income loss due to first 6 months inflation in 2018
August 7, 2018
Lowest-income households lost as much as Php2,700 since start of 2018 Accelerating inflation since the start of the year has eroded the incomes of the country’s poorest families. Research group IBON estimates that the poorest 60 million Filipinos have suffered income losses of anywhere from Php993 to as much as Php2,715 because of worsening inflation […]
Meat and fish tariffs, a temporary fix
August 7, 2018
Ultimately, agricultural imports could worsen the situation by displacing local producers and increasing our import bill.
Group refutes government’s defense of TRAIN
July 23, 2018
In a consumer forum held in anticipation of the third State of the Nation Address, research group IBON debunked the Duterte administration’s avid defense of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The group said that contrary to government’s pronouncements, the tax program is not beneficial to the poor majority of Filipinos and […]
Govt’s TRAIN to blame for highest inflation in nearly 10 years — IBON
July 5, 2018
Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion […]
Duterte aggravates the Filipino people’s woes
July 4, 2018
The Duterte administration’s second full year in office sees the people’s condition worsening and the need for genuine reforms even more urgent. The government is however digging in its heels and pushing more harmful neoliberal measures that aggravate the people’s plight instead of implementing policies that overcome economic backwardness. Filipinos struggle to cope with fast […]
Raising the bar: Demanding a decent minimum wage
June 22, 2018
Before being retrenched for protesting condiments manufacturer NutriAsia for its various labor rights violations, Alvin Lascano, a machine operator, used to receive Central Luzon’s (Region III) minimum wage of Php380.00. According to the government, wages in the country have to vary because of varying costs of living in the different regions. “Pero hindi naman nagkakalayo […]
TRAIN worsens burden of inflation on poor – IBON
June 7, 2018
Almost 18 million Filipino families are already hard-pressed to survive on incomes below the family living wage of Php30,000 per month estimated by IBON Research group IBON said that higher prices as reflected in the accelerating May 2018 inflation bears heavily on the poor, and that the recently passed Tax Reform for Acceleration and Inclusion […]
