Tag: social and economic reforms

TRAIN-driven rising cost of living makes wage hike urgent

July 9, 2018

Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]

Govt’s TRAIN to blame for highest inflation in nearly 10 years — IBON

July 5, 2018

Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion […]

Time for govt to come up with realistic poverty threshold – IBON

June 8, 2018

Research group IBON said that it is about time for government to update its poverty threshold to reflect a more realistic poverty reduction target. This is in light of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia’s recent statement that Php42,000 a month is “a decent income at least to live above the poverty […]

Peace talks a casualty of the Trump-Duterte meeting?

November 24, 2017

By Arnold Padilla IBON Features – President Rodrigo Duterte’s hosting as chairman of the Association of Southeast Asian Nations (ASEAN) summit and related meetings solidified the sort of foreign policy that his administration will chart throughout its term. It is one that critics have already pointed out as still dependent on the patronage of the […]

2nd quarter growth rates point to economic headwinds

August 22, 2017

Research group IBON said that the recently released 2017 second quarter national accounts underscore the serious headwinds facing the Philippine economy. The group said that the Duterte administration should focus on building sustainable domestic foundations of growth and development rather than depend on external factors such as remittances, cheap labor business process outsourcing (BPO), and […]

Ensure free tuition as a major first step: Support right to education by improving, expanding public schools–EFD

August 9, 2017

A network of teachers for transformative education said that the signing of the free tuition bill into law is a welcome major first step in realizing education as a right and should be ensured by government  as a priority. Improving and expanding the public university system is however as important, said the group, as is […]

On peace talks interruption:  Negotiated econ reforms risk being lost–IBON

July 21, 2017

#PeoplesSONA2017 / Research group IBON said that the interruption of peace talks between the government and the NDFP also interrupts important discussions on economic reforms. The group said this in the aftermath of the announcement of Jesus Dureza, Presidential Adviser on the Peace Process, that the back-channel talks with the National Democratic Front of the […]

Buwis(et)! DOF’s Top 5 Tax Reform Lies

June 20, 2017

By Sonny Africa IBON FEATURES — The Tax Reform for Acceleration and Inclusion Act (TRAIN), the first part of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has hurdled the House of Representatives (HOR) and is up for deliberations at the Senate. The Department of Finance (DOF) targets approval of TRAIN, or House Bill No. […]

Economy loses jobs despite reported growth

June 12, 2017

The recently released labor force survey figures indicate an alarming intensification of the domestic jobs crisis with the economy losing jobs despite reported economic growth, said research group IBON. Reported unemployment and underemployment in the country fell, but so did employment and the size of the labor force – all of which indicate growing distortions […]