Philippine Congress

Econ Cha-cha will lead to further PH socioeconomic decline

January 17, 2018

With the recent majority vote in favor of a constituent assembly (con-ass) by the House of Representatives (HOR), research group IBON warned that one of the primary reasons behind the push for Charter change (Cha-cha) is the lifting of foreign ownership caps​. This will lead to the further stunting of the Philippine economy​, said the group, […]

Duterte’s TRAIN a scourge, not a gift—IBON

December 21, 2017

Research group IBON said that contrary to its claims, the Duterte administration affirmed its apathy towards the low-income majority of Filipinos upon its signing of the Tax Reform for Acceleration and Inclusion (TRAIN). By signing the tax program into law, government has proven its determination to collect funds for its purportedly pro-poor centerpiece programs but […]