2022 budget stalls recovery, worsens inequality

Agosto 23, 2021

Government’s proposed 2022 national budget is the second budget in a row that fails to respond to the pandemic. The Duterte administration is not spending enough on economic stimulus, health, ayuda, and small businesses which are the most important things to recover quickly and stop worsening deprivation. The economic managers’ misguided fiscal conservatism is counterproductive and needs urgent correction.

Use ₱133.9-billion TRAIN revenues for ayuda – IBON

Agosto 14, 2021

The Duterte administration can use revenue generated by its regressive TRAIN law to fund emergency cash assistance. TRAIN’s new taxes increased the prices for goods and services consumed by the majority poor Filipinos even amid the pandemic and the revenues can be used productively while the law remains.

Q2 rebound isn’t recovery, will fade without real stimulus – IBON

Agosto 10, 2021

NEWS

The positive second quarter growth in gross domestic product is only a rebound from the record economic collapse in the same period last year. It is not a sign of recovery gaining traction.

June labor force survey confirms economy not recovering despite reopening

Agosto 3, 2021

The latest labor force survey (LFS) shows how far away the economy is from recovering without real fiscal stimulus. Job generation is hollow with a bloating informal sector and huge contraction in full-time work. These will worsen with the looming ECQ which will push millions of Filipinos into deeper economic distress.

IBON Praymer: Ang pagwawakas sa rehimeng Duterte

Hulyo 17, 2021

Huling taon na ng gobyernong Duterte, subalit hindi pa rin nakukuha ng mamamayan ang sensible, makatwiran at mahusay na paggogobyerno sa harap ng napakalalang krisis ng Pilipinas.

Neil Doloricon, 63

Hulyo 16, 2021

We are immensely grateful for how he enriched IBON with how he saw and interpreted the world.

People’s Review of SDG 1 & 10: Regressive gov’t policies hinder poverty, inequality eradication

Hulyo 7, 2021

Concerned groups and advocates held a forum to review and discuss the Philippine government’s progress in meeting by 2030 Sustainable Development Goals 1 and 10 on eradicating extreme poverty and reducing inequality. But the SDGs will not be achieved in the country as long as the government refuses to adopt progressive policies that bring about real development and pushes neoliberal policies that benefit the few.

Jobs crisis continues, informal work worsens

Hulyo 3, 2021

Latest labor force figures show that millions of Filipinos are still struggling to find work or turning more and more to informal jobs and self-employment to survive. Substantial ayuda is urgently needed and Congress should hold a special session to ensure the immediate allocation and distribution of funds for emergency aid.

Ayuda urgent as jobs crisis worsens from govt’s failed lockdowns, response

Hunyo 10, 2021

Latest labor force data confirm that the jobs situation is still much worse than before the pandemic. Government’s over-reliance on destructive lockdowns to contain the coronavirus is ineffective and only causes unnecessary economic distress for tens of millions of Filipinos. At the very least, immediately providing substantial ayuda grows more urgent by the day.