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Tag: jobs crisis

IBON replies to Presidential Spokesperson on employment situation

January 27, 2019

The Presidential Spokesperson recently said that IBON’s claim of weak annual job creation under the Duterte administration is “mathematically impossible”. There was also the insinuation of being “inept or just maliciously reckless to degrade the achievements of the President”. We are compelled to reply to help the administration come to terms with the reality of […]

Second year of slowing growth a wake-up call – IBON

January 24, 2019

Research group IBON said that the second year of slowing growth under the Duterte administration should be enough to jolt it out of its complacency and denial. The downturn in the last two years and the poor prospects in the year to come should be a wake-up call to start to undertake the difficult but […]

Faltering Economy, Shell of a Democracy

January 21, 2019

Yearend Birdtalk 2018 Executive Summary Adverse economic and political trends since the start of the Duterte administration intensified last year. The risk of combustion in 2019 has become much higher. The administration has tried to project an image of economic progress and strongman-driven stability, peace and order. But if the year 2018 has shown anything […]

Under Duterte, econ slowing and job creation the lowest since after Marcos–IBON

January 16, 2019

Research group IBON said that the economy is slowing under the Duterte administration and that its first two full years registered the lowest level of job creation among post-Marcos administrations. The group said that these obvious signs of the country’s troubled economy should be enough to make the government reconsider its overly market-driven policies. Budget […]

2018 Yearender: Are You High? The Economy Isn’t

December 31, 2018

by Sonny Africa Executive Director, IBON Foundation The Duterte administration’s economic managers made some odd statements as the year wound up. Economic planning secretary Ernesto Pernia said “the Philippine economy became stronger and even more resilient than ever”. Finance secretary Carlos Dominguez III insisted on “the soundness of the Duterte administration’s economic development strategy”. Bangko […]