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Tag: poverty

Gone in 6 months due to inflation

September 9, 2018

Due to inflation, the poorest six deciles of Filipino families with monthly incomes ranging from Php7,724 to Php21,119 have suffered income losses of around Php1,455 to Php3,781 from January to August this year. #UpholdPeopleEconomics #IBON40 Read more:https://www.ibon.org/…/government-losing-control-of-economy-ibon/ https://www.ibon.org/…/poorest-60m-filipinos-suffer-income-loss…/

Government losing control of economy –IBON

September 5, 2018

  The Duterte administration is losing control over the Philippine economy and the poorest Filipinos are suffering for this, research group IBON said upon the release of the August inflation rate. The greatly accelerating inflation is only the latest in a series of bad economic news about the economy’s so-called fundamentals. The Philippine Statistics Authority […]

IBON: Wage hike needed as Filipino families’ incomes erode January-July due to inflation

August 31, 2018

A substantial increase in the minimum wage is necessary and doable as the country’s poorest households are losing income due to escalating inflation, said research group IBON, contrary to the recent claims of an employers’ group. IBON estimates that income losses of the poorest 60 million Filipinos ranged from Php1,276 to as much as Php3,489 […]

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 […]

Poor Filipino families worst hit by rising July 2018 inflation

August 8, 2018

Research group IBON said that faster inflation largely due to rising food prices hits poor households the worst. The group also said that the Duterte administration’s proposal to increase food imports is short-sighted, and that the best defense against rising food prices and high inflation is to increase domestic food supply through long-term solutions that […]

Rice tariffication to impoverish Filipino farmers more, Congress warned

August 4, 2018

Research group IBON raised concern over the current move by the House of Representatives (HOR) to lift the quantitative restrictions (QR) on rice imports and instead apply a 35% tariff on unlimited rice importation. This will practically decrease farmgate prices, said IBON, but not necessarily lower retail rice prices as government claims. Rice prices have […]

Duterte aggravates the Filipino people’s woes

July 4, 2018

The Duterte administration’s second full year in office sees the people’s condition worsening and the need for genuine reforms even more urgent. The government is however digging in its heels and pushing more harmful neoliberal measures that aggravate the people’s plight instead of implementing policies that overcome economic backwardness. Filipinos struggle to cope with fast […]

Raising the bar: Demanding a decent minimum wage

June 22, 2018

Before being retrenched for protesting condiments manufacturer NutriAsia for its various labor rights violations, Alvin Lascano, a machine operator, used to receive Central Luzon’s (Region III) minimum wage of Php380.00. According to the government, wages in the country have to vary because of varying costs of living in the different regions. “Pero hindi naman nagkakalayo […]