Philippine economy

IBON Survey – 7 out of 10 Filipinos see themselves as poor

October 27, 2016

70.8% of respondents said they are poor According to research group IBON’s latest survey, the majority of Filipinos consider themselves poor. Asked what they can say about the situation of their families today, seven out of ten or 70.8% of respondents said they are poor.  Only 25% said they are not poor, while the rest […]

US aid and imperialism

October 21, 2016

For daring the US and others to withdraw their aid, President Rodrigo Duterte has been called a “psychopath”. For those whose way of thinking has been systematically warped by colonialism and neocolonialism/imperialism, it is plain madness. As a poor country, why would we shun the “altruism” of rich countries like the US? On the contrary, […]

End US interference in PH econ affairs, gov’t urged

October 7, 2016

Independence assertion a first 100 days highlight O​n the eve of the Duterte administration’s 100th day, research group IBON said that the government should not just be open to United States (US) withdrawal of its assistance to the Philippines. The Philippines can unilaterally end so-called programs which interfere in the country’s economic policy-making. This includes […]

First peace talks in the world to tackle comprehensive social and economic reforms deserves public’s full support

October 5, 2016

Peace deal will have widespread public support because it will benefit the majority of Filipinos On the eve of the start of the second round of peace negotiations between the Philippine government and the National Democratic Front of the Philippines (NDFP), research group IBON said that the comprehensive reforms the talks will take up are the key […]

On the Duterte administration’s economic direction in its first 100 days: Neoliberal economics continues, but nationalist change still possible

October 5, 2016

There is still much to be done for the Duterte administration to overcome the Philippine government’s stubborn adherence to old and discredited anti-Filipino neoliberalism. This overrides and is inconsistent with Pres. Rodrigo Duterte’s otherwise pro-poor and pro-Filipino pronouncements. This is also notwithstanding the welcome appointment of activists and progressives to important cabinet and other positions […]

Tax the richest to provide much-needed social services, Duterte gov’t urged

September 27, 2016

Research group IBON remarked that the Department of Finance’s (DOF) proposed tax plan essentially remains elitist and is inconsistent with President Duterte’s pro-poor stance. Following the president’s lead, government should be brave enough to tax the richest businesses and families instead of burdening the poor with new taxes. The DOF on Monday submitted to Congress […]

World Bank tax help unwelcome

September 20, 2016

Research group IBON said that the World Bank’s recent offer to assist the Department of Finance (DOF) with its tax reform plan, although not surprising, is unwelcome news. The World Bank with twin global financial pillar International Monetary Fund (IMF) has long been at the forefront of designing the Philippines’ regressive tax system, including providing […]

IBON joins groups in industrialization call

September 18, 2016

Research group IBON said that national industrialization is the way to go in order for the Filipino majority to prosper. It should be made the government’s primary economic strategy, the group said. IBON co-sponsored last Wednesday a forum titled “The Change We Need” with top earner Steel Asia, science and technology network AGHAM, AGHAM Youth and […]

The Change We Need: a public forum on national industrialization

September 8, 2016

Invitation to a public forum on national industrialization from AGHAM — Industrialization is a key factor in developing the Philippine economy, which, for several decades, has remained agrarian and pre-industrial. Establishing industries will also propel the country’s science, technology and innovation capacities. President Rodrigo Duterte’s promise to establish industries, particularly steel manufacturing industry, is a […]