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IBON Foundation

Malacañang’s enthusiasm on credit rating upgrade unwarranted-IBON

Mayo 4, 2019

IBON executive director Sonny Africa said that the recent credit rating upgrade is not a sign of economic progress and that Malacañang’s enthusiasm is greatly unwarranted. The credit rating upgrade is most of all an assessment of the government’s ability to repay debt and not of economic development. There would be no such upgrade if […]

Employers can afford Php750 minimum wage—IBON

Abril 30, 2019

Employers can very well afford to raise the minimum wage to Php750 which only entails a small cut in their profits, research group IBON said. The Duterte administration should support this hike which will help millions of Filipino households dependent on wages and salaries cope with the rising cost of goods and services, said the […]

Workers left behind in growing economy under Duterte administration

Abril 29, 2019

Wages of workers in the National Capital Region (NCR) continue to fall even as their growing labor productivity drives economic growth under the Duterte government. The mandated minimum wage is not even keeping up with the rising cost of living for ordinary Filipinos. Research group IBON said that keeping wages low distributes wealth unevenly and […]

How do the senatoriables fare on jobless growth in the Philippines?

Abril 26, 2019

Amid government claims of robust economic growth, millions of Filipinos are still unemployed or forced abroad to find work. How do the candidates think the problem of chronic joblessness can be solved?

IBON Facts & Figures: “Privatization and the Water Crisis” [Excerpt]

Abril 20, 2019

The water crisis is far from over. Water interruptions as well as safe water accessibility and affordability issues persist. Water-related infrastructure are also being built on loans and under potentially onerous deals with other countries that subvert Philippine sovereignty. The matter has been undermining Filipino consumers and the nation’s interests. Here is the conclusion of […]

IBON Facts & Figures: “Alternative to Power Privatization” [Excerpt]

Abril 18, 2019

Amid power interruptions because of combined forced power outages due to maintainance and various power plants’ system problems, we share the introduction of the December 2014 IBON Facts & Figures issue titled “Alternative to Power Privatization”: “When the Philippine government privatized the electric power sector in 2001, it promised cheaper and sustainable supply of energy […]