stimulus measures

IBON Executive Director on Q2 2021 economic growth and urgent need for ayuda

August 10, 2021

[QUOTE] The 11.8% growth figures come at the worst possible time. The economic managers will use this to justify their narrow-minded opposition to a real fiscal stimulus. Yet putting more money in the hands of millions of poor and vulnerable Filipinos is extremely effective to fix the economic damage from the ill-conceived over-reliance on lockdowns to contain the pandemic.

Faster inflation underscores urgency of new cash subsidies — IBON

February 5, 2021

NEWS

As prices continued to soar amid a collapsing economy as of January, there is immediate need for the Duterte administration to provide substantial aid to the poorest Filipino households.

IBON executive director on Pres. Duterte signing Bayanihan 2

September 11, 2020

TOO LITTLE, TOO LATE: IBON executive director Sonny Africa on Pres. Duterte finally signing Bayanihan 2 Act over 2 1/2 weeks after being passed by Congress and over 2 1/2 months after Bayanihan 1 expired

Bayanihan 2: Too small, hinders health and recovery

August 21, 2020

BY SONNY AFRICA

The beggarly Bayanihan 2 bill preferred by the economic managers and imposed on Congress is much too small for the magnitude of the crisis facing the country.