under construction sign

Tag: poverty

Underreported poverty

August 1, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomics

Chronic undernutrition among kids, pervasive hunger belie 4Ps logic – IBON

July 2, 2019

Research group IBON said that the results of the expanded national nutrition survey (ENNS) dispute the logic of institutionalizing the Pantawid Pamilyang Pilipino Program (4Ps) for poverty alleviation under Republic Act (RA) No. 11310. The program is said to be an  “investment in the next generation” that develops healthy educated Filipinos. Yet after over 10 […]

Malacañang’s enthusiasm on credit rating upgrade unwarranted-IBON

May 4, 2019

IBON executive director Sonny Africa said that the recent credit rating upgrade is not a sign of economic progress and that Malacañang’s enthusiasm is greatly unwarranted. The credit rating upgrade is most of all an assessment of the government’s ability to repay debt and not of economic development. There would be no such upgrade if […]

Lower official poverty estimates don’t mean less poor Filipinos — IBON

April 10, 2019

Research group IBON said lower reported official poverty estimates for the first semester of 2018 unfortunately do not necessarily mean that the country’s poverty situation is improving. The group observed that standard of living allowed by the official poverty line is very low and grossly underestimates the real number of poor Filipinos. Unless corrected, it […]

2018 inflation highest in 10 years amid slowing growth — IBON

January 4, 2019

Inflation for 2018 is more than double the Duterte administration’s original inflation target for the year and the highest in a decade, research group IBON said. Along with slowing economic growth, this further points to the failure of government’s economic managers to rein in consumer prices and of its neoliberal policies, such as the Tax […]

High prices still burden poor despite inflation slowdown–IBON

December 5, 2018

On the release of the November 2018 inflation rate, research group IBON said that prices are still high and rising even with the reported slowdown. This remains a burden on poor families trying to live off low and precarious incomes. Substantial and longer-term solutions are still needed, said the group. Headline inflation slowed to 6.0% […]

By Shubert Ciencia from Nueva Ecija, Philippines - Nagacadan Rice Terraces (Kiangan, Ifugao), CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=4405840

Rice tariffication will displace rice farmers, worsen food insecurity–IBON

November 22, 2018

Rice tariffication and uncontrolled rice imports will displace rice farmers and worsen food insecurity without solving the problem of expensive rice, research group IBON said. The government is using high inflation to justify rice sector liberalization according to long-standing demands of the World Trade Organization (WTO) and big foreign agricultural exporters. Domestic agriculture should be […]

PH Wealth Inequality

October 31, 2018

It is not yet a severe economic crisis as such but the accumulation of economic bad news is worrying. It is clear that the fundamentals are unsound and the economy is weakening aside from increasingly vulnerable to a political upheaval or to a renewed global downturn. The majority of Filipinos are poor and gained little […]

Decade of 7% PH Growth: It’s Just A Fantasy

October 18, 2018

By Sonny Africa In a speech before leaders of the Association of Southeast Asian Nations (ASEAN) in Bali, Indonesia, Pres. Rodrigo Duterte said that the country is on an “upward trajectory of growth”. He was echoing the country’s economic managers who were recently touting a recovery of Philippine economic growth to the 7-8% target next […]