Philippine economy

Govt stinginess worsens Filipinos’ suffering and PH economic collapse

November 10, 2020

Statement | Months into the worst economic collapse in the country’s history, the Duterte administration’s obsession with creditworthiness and the myth of a fundamentally strong Philippine economy is preventing it from taking the measures needed for real and rapid recovery.

IMF sees Vietnam overtaking PH: It’s not because of COVID

October 15, 2020

COMMENTARY

Our economic managers would do well to stop being blinded by their neoliberal dogma and start taking a more strategic view of national development. Without radical changes in our economic policies the Philippines will just keep getting left further behind.

Stimulus: Spend, spend, spend Php1.6 trillion

August 11, 2020

BY SONNY AFRICA

Maybe all it takes for something to become government policy is to say it thrice?

Duterte gov’t to blame for worst economic collapse in PH history

August 6, 2020

STATEMENT

The Duterte administration is to blame for the worst economic collapse in the country’s recorded history. Growth rate falling to -16.5% in the second quarter from 5.4% in the same period last year is an unprecedented 21.9 percentage point drop.

PH ‘stimulus’ smallest in region

July 29, 2020

NEWS

Philippine spending in response to the COVID-19 pandemic is among the smallest in the region. The narrow-minded obsession with ‘creditworthiness’ stops the government from taking the urgent steps needed to restore livelihoods and save the economy.

SONA 2020: “Boracay is doing well because of its scenery”

July 28, 2020

BIRD FEED

The president is at the commanding heights of policymaking in the country. If this last SONA showed anything, it’s the lack of leadership over pandemic response at the very top — Pres. Duterte doesn’t seem to appreciate the worst public health crisis and economic decline in the country’s history.