News
IBON backs moves vs red-tagging, hits Ombudsman inaction
Abril 11, 2022
The Office of the Ombudsman is reinforcing the culture of impunity by turning a cold shoulder to mounting criminal complaints against government officials red-tagging activists. This includes IBON’s complaint filed over two years ago.
Wage hike possible with transparency, gov’t support
Abril 9, 2022
If employers are transparent about their revenues and net incomes this will likely show that large corporations and even many medium enterprises can hike wages with only a small cut on their profits. Government can meanwhile provide wage subsidies and other forms of support to MSMEs who cannot yet afford this.
8 of 10 new jobs are just part-time: PH struggles to create quality work as economy reopens
Abril 7, 2022
Latest labor force data show that the economy, despite reopening, is struggling to generate sufficient work. Additional jobs created are also mostly temporary, insecure and informal.
IBON submits report on state of Philippine economy to United Nations
Abril 4, 2022
NEWS
The poorest 70-80% of Filipinos are denied their right to development while government economic policies continue to bolster the wealth of super-rich oligarchs and the profits of large corporations
Wage increase needed to avert only real wage decline in 36 years
Abril 1, 2022
If the Duterte administration does not give a large wage hike, it will finish its term with the only decline in real wages among all post-Marcos administrations over the past 36 years.
Oil price rollback not enough for Filipinos to recover income losses
Marso 23, 2022
NEWS
The Duterte administration’s belated move to raise cash aid to Php500 per month does little to help millions of poor and vulnerable Filipino households recover lost incomes and cope with rising prices.
Jobs crisis worsened by fuel price hikes and measly ayuda
Marso 18, 2022
NEWS
The huge drop in the number of labor force participants and employed persons from December 2021 to January 2022 is concerning and underscores the country’s precarious jobs situation.
Gov’t, not pandemic, caused record deficits and debt – IBON
Marso 5, 2022
Had the Php5.3 trillion gross borrowings in 2020 and 2021 been spent on ayuda and producer subsidies, and less on infrastructure and debt servicing, economic rebound would have been bigger, revenues would have recovered faster, and there would have been less need for borrowing.
Record debt not due to COVID-19 response
Marso 5, 2022
The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.