January 31, 2024
Most recent GDP figures puts the economy on the same trajectory of slowing growth that plagued it prior to the pandemic.
January 27, 2023
Relatively rapid growth in 2022 is only a rebound after the protracted pandemic lockdowns and there will be a steep slowdown this year.
November 11, 2021
Slowing growth is a sign of a floundering economy
July 25, 2021
The Duterte administration keeps on repeating that the Philippine economy was strong coming into the pandemic. Official statistics prove otherwise.
June 3, 2021
Under the Duterte administration,the Philippine economy was already weak before the pandemic and made worse by inept COVID-19 response.
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 […]
January 9, 2019
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 […]