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.
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.
December 28, 2021
December 17, 2021
Economic policies determine economic outcomes – and the Philippine economy is the way it is by design, not by accident.
November 16, 2018
July 30, 2017
Research group IBON said that Pres. Rodrigo Duterte’s State of the Nation (SONA) statement that “we achieved the first step towards more equitable taxes” is incorrect because the poorest majority of Filipinos will be more burdened by taxes than the rich. The Department of Finance (DOF) is covering this up, the group also said. According […]
August 18, 2016
Research group IBON said that the 7.0% growth in the second quarter of 2016 and 6.9% growth in the first semester are the weakest in the past five election years and challenge the Duterte administration. Bold changes in economic policies are needed to achieve sustained higher growth, said the group. According to IBON, the […]
March 15, 2016
#BeyondElections2016 | Research group IBON warned that the steadily falling labor force participation rate (LFPR) and growing underemployment are signs of underlying problems in the labor market, even as unemployment reportedly fell in January 2016. The next administration will need to reverse the neoliberal policies of the Aquino administration to improve the jobs situation, said the […]