marcos jr administration

IBON Executive Director on meager increase in the national budget

July 23, 2022

IBON Executive Director Sonny Africa on meager increase in the national budget for 2023

With among the highest joblessness and inflation in Southeast Asia, PH needs bold econ reforms–IBON

July 20, 2022

The Philippines has among the highest unemployment and inflation rates in the region, underscoring the country’s worsening conditions and the urgent need for radical economic measures.

Persisting jobs crisis belies gov’t claims of growth momentum

July 8, 2022

The increase in May 2022 unemployment and informal work shows that the jobs crisis persists despite government’s opening up of the economy and hype of economic growth.

Marcos should admit 3-year high inflation to propose real solutions — IBON

July 6, 2022

Inflation is at its highest in three years, but instead of offering a real solution to soaring prices, the newly-installed Marcos administration is downplaying the severity of this and saying it is beyond government control.

Tales of Tinang and our worsening agricultural crisis

July 5, 2022

The incident in Hacienda Tinang, considered as one of the biggest illegal mass arrests in Philippine history, has shattered the illusion of peaceful transition from Duterte to Marcos Jr.

Discerning Bongbonomics from the Inaugural Address

July 4, 2022

Imagine if the inaugural address had mentioned – big fiscal stimulus from more ayuda and support to MSMEs to spur aggregate demand, prioritizing social spending over infrastructure and debt service in the 2023 budget, expanding fiscal space with a billionaire wealth tax, higher wages, arresting environmental destruction by corporations, financial regulation, public ownership, protecting and supporting domestic agriculture, and a comprehensive plan for national industrialization.

Urgent priorities

July 2, 2022

Marcos Jr has not been very specific about his plans for the economy. Still, it is already clear that his administration will continue the Duterte legacy and failed neoliberal policies instead of reforming them.