Gov’t can mitigate oil price hikes by scrapping fuel taxes

August 8, 2023

The Marcos Jr administration can moderate the impact of oil price hikes on millions of Filipinos by scrapping excise and value-added taxes for petroleum products.

Inflation slowed but higher prices burden consumers further

August 7, 2023

The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers

PH inflation among the highest in Southeast Asia—IBON

May 7, 2023

The Philippine inflation rate has further eased in April after the 14-year high of 8.7% in January, but it will likely remain high and volatile because the government has not taken decisive steps to lower prices.

High inflation confirms urgent need for real ayuda

September 8, 2022

Prices remain high, while ayuda has been slow, lacking and limited to only a few recipients. More increases are projected–it is insensitive and neglectful of the Marcos administration to make huge cuts in the ayuda budget.

Real wages fall as inflation spikes

June 9, 2022

Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.

Jobs crisis worsened by fuel price hikes and measly ayuda

March 18, 2022

NEWS

The huge drop in the number of labor force participants and employed persons from December 2021 to January 2022 is concerning and underscores the country’s precarious jobs situation.

May magagawa!

March 18, 2022

IBON Executive Director on economic managers’ proposals to alleviate Ukraine conflict impact

March 9, 2022

The Economic Development Cluster (EDC) proposes to cope with the Ukraine conflict by shifting to Alert Level 1, just Php6.1 billion in fuel subsidies, increasing buffer stocks of oil products, lowering tariffs on food and coal imports, promoting energy conservation, and attracting investments.

Jeepney drivers’ fuel subsidy too little, too late

November 5, 2021