slowing growth

Strong economy? Growth slowing even pre-pandemic

July 25, 2021

The Duterte administration keeps on repeating that the Philippine economy was strong coming into the pandemic. Official statistics prove otherwise.

Duterterioration of the Philippine economy

June 3, 2021

Under the Duterte administration,the Philippine economy was already weak before the pandemic and made worse by inept COVID-19 response.

Second year of slowing growth a wake-up call – IBON

January 24, 2019

Research group IBON said that the second year of slowing growth under the Duterte administration should be enough to jolt it out of its complacency and denial. The downturn in the last two years and the poor prospects in the year to come should be a wake-up call to start to undertake the difficult but […]

2018 Yearender: Are You High? The Economy Isn’t

December 31, 2018

by Sonny Africa Executive Director, IBON Foundation The Duterte administration’s economic managers made some odd statements as the year wound up. Economic planning secretary Ernesto Pernia said “the Philippine economy became stronger and even more resilient than ever”. Finance secretary Carlos Dominguez III insisted on “the soundness of the Duterte administration’s economic development strategy”. Bangko […]