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IBON Foundation

Food insecurity in Southeast Asia

Oktubre 16, 2023

There are 50.9 million combined moderately and severely food insecure Filipinos making the Philippines the most food insecure country in Southeast Asia.

Falling real wages, more expensive food (as of September 2023)

Oktubre 10, 2023

Recent oil price rollbacks barely offset the several weeks of hikes. Should government be proactive and carry out the removal of fuel excise taxes, Filipino families will have money to curb the domino effect on increasing costs of living expenses.

Oil taxes continue to burden Filipinos (October 10, 2023)

Oktubre 10, 2023

The recent rollbacks are not likely to be sustained with the oil price hikes expected to persist until the end of the year. Now is the time for government to make more decisive and effective steps to minimize fuel costs, by removing excise and value-added taxes on oil products.

Rollbacks negligible; fuel tax removal more meaningful — IBON

Oktubre 10, 2023

NEWS

Recent oil price rollbacks barely offset the several weeks of hikes since early July. Instead of sitting idly by, the Marcos government should get rid of fuel taxes so that oil prices are lower and to curb the domino effect on the already high prices of other goods and services.

More part-timers, unpaid family workers underscores admin’s inability to create quality jobs – IBON

Oktubre 6, 2023

The millions-surge in informal work indicates that working Filipinos are going on survival mode as the living crisis intensifies. The Marcos Jr administration’s inability to improve the economy’s capacity to generate meaningful jobs is clearly a failure of policy and government’s economic management.

Minimum wage vs family living wage per region as of September 2023

Oktubre 5, 2023

Even with the recent wage hike approvals in some regions, the nominal minimum wage falls below the living wage for a family of five to meet their basic needs.

NCR Family Living Wage as of September 2023

Oktubre 5, 2023

Amid faster September 2023 inflation, the NCR Php610 nominal minimum wage falls is not enough to keep up with the Php1,186 FLW for a family of five with a wage gap of 49% or Php576.

Faster September inflation sign that gov’t is failing in arresting high prices — IBON

Oktubre 5, 2023

NEWS

The 6.1% inflation shows the Marcos Jr administration’s failure to effectively address soaring prices and help poor and vulnerable Filipinos cope.

2024 Budget Cuts and Increases From 2023

Oktubre 3, 2023

Debt servicing, infrastructure and defense are getting big increases in the 2024 budget. But much-needed service-oriented areas such as education, social work, labor and health are either given negligible increases or defunded.