Philippine economy
PH Economy Duterteriorating
August 29, 2018
IBON FEATURES – Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they know the ill-conceived […]
Why rice tariffication does not guarantee lower rice prices
August 25, 2018
Accelerating inflation is becoming worrisome for tens of millions of low-income Filipino families. Since the Tax Reform for Acceleration and Inclusion (TRAIN) kicked off early this year, the prices of goods and services have climbed incessantly. Rice inflation itself accelerated from just 1.5% in the beginning of 2018 to a 5% high in July. Inflation […]
Hinggil sa Rice Tariffication: Gabay sa Talakayan
August 23, 2018
Idownload ang Hinggil sa Rice Tariffication: Gabay sa Talakayan Sa harap ng tuloy-tuloy na pagtaas ng presyo ng bigas at mga batayang bilihin, itinutulak na ng administrasyong Duterte ang rice tariffication upang diumano ay maseguro ang suplay ng bigas at maestabilisa ang presyo nito. Itinuturo rin ng administrasyon ang mataas na presyo ng bigas, kasama […]
Falling budget for PH agri, land reform
August 18, 2018
Read more: Crisis of PH agriculture drives high inflation, economic slowdown
Rewind to the 2008 rice crisis
August 15, 2018
Read more: Rice tariffication to impoverish Filipino farmers more, Congress warned
TRAIN-2: The Sequel Makes Things Worse
August 13, 2018
by Sonny Africa (Updated September 10, 11:57pm) The Tax Reform for Acceleration and Inclusion Package 2 (TRAIN-2) recently approved by the House of Representatives (HOR) on third and final reading with 187 voting in its favor, 14 against, and 3 abstentions, increases corporate profits at the expense of Filipinos. TRAIN-2 was renamed Tax Reform for […]
2018 Midyear Birdtalk: Illusory Growth, Emergent Authoritarianism
August 12, 2018
Download here Two years into the Duterte administration, the Philippine economy’s gains are illusory and the political situation is on the brink of accelerated decline. The economy is on borrowed time. There is a limit to how long the government’s infrastructure spending frenzy and hype about sound fundamentals can disguise the problems. Agricultural and industrial […]
Crisis of PH agriculture drives high inflation and economic slowdown
August 10, 2018
Research group IBON said that the recently released second quarter 2018 growth figures confirm the fundamental reason for rising food prices: underdeveloped agriculture from government neglect. While the Tax Reform for Acceleration and Inclusion (TRAIN) law is the most proximate driver of inflation within the Duterte administration’s control, the agricultural sector’s underdevelopment is the long-term […]
Projected rice tariffication revenues may not be enough support for farmers
August 10, 2018
Research group IBON doubted that projected revenues from imposing tariffs on unlimited rice imports instead of quantitative restrictions (QRs) on the staple would be enough to support farmers’ production. The group stressed this amid worrisome agriculture decline and increasing food prices, which the National Economic and Development Authority (NEDA) yesterday used to justify proposals for […]
