News
Malampaya contractors must pay P53-B gov’t share immediately; Grossly unfair service contract with Shell, Chevron needs urgent review
Setyembre 20, 2010
The understated proceeds are said to amount to Php53 billion because contractors Shell Exploration, Chevron and PNOC have been deducting their corporate income tax from the government’s 60%-share of the gas project since Research group IBON urges the Aquino government to demand the service contractors of Malampaya Gas Project to immediately pay the Philippine government […]
Will RP gain from Aquino US visit? Trip may cause more harm than good, says group
Setyembre 20, 2010
With renewed commitments from both countries to negotiate a bilateral free trade deal, the MCA funding could be used to compel the Philippines to agree to a one-sided agreement. Research group IBON today warned that the much-hyped US visit of Pres. Benigno “Noynoy” Aquino may result in more harm than good, as the group expressed […]
Aquino gov’t’s anti-corruption drive not reflected in revenue targets for 2011
Setyembre 2, 2010
On this key measure, it does not appear that the government expects its supposed anti-corruption drive to result in significantly increased revenues. Government has campaigned that a crackdown on corruption would plug leakages and increase revenue generation. However the revenue program for 2011 does not show signs that government expects to raise revenues from this, […]
Proposed budget shows diminishing priority for health
Setyembre 1, 2010
Falling subsidy for indigents belies promise of universal health care Contrary to the Aquino government’s target of expanding the coverage of healthcare for all, the proposed national budget for 2011 has allotted a decreased budget for public hospitals and subsidy for indigents, according to research group IBON. The 2010 budget item “Premium Subsidy for Indigents […]
Bloated by patronage funds, proposed 2011 budget prone to corruption
Agosto 31, 2010
This large pork barrel allocated mainly according to parochial concerns is inconsistent with improving the effectiveness of spending | Sonny Africa, IBON Research Head There is a marked increase in the 2011 national government (NG) budget submitted to Congress, making the proposed budget alarmingly patronage-rich, says research group IBON. The Priority Development Assistance Fund (PDAF) […]
2011 proposed budget an austerity to repay debt
Agosto 28, 2010
Most of this increase is accounted for by the large PhP80.9 billion increase in interest payments on debt to PhP357.1 billion Research group IBON calls the proposed 2011 National Government (NG) budget submitted to Congress an austerity budget to be able to keep repaying debt, adding that the proposed budget is not consistent with long-term […]
Economic growth remains unsustainable, unable to create jobs
Agosto 26, 2010
The 2nd quarter and 1st semester results affirm why the country cannot and should not rely on external sources of growth amid the still unfolding global crisis The 7.9% growth in gross domestic product (GDP) is welcome at least for appearing to be mainly driven by domestic investors, according to research group IBON. Net foreign […]
SC urged not to miss historic opportunity on Luisita case: Genuine land reform, key to ending RP poverty
Agosto 24, 2010
Breaking the feudal monopoly of the Aquino-Cojuangco clan over Hacienda Luisita will bring immediate and long-term economic benefits to the farm workers As the Supreme Court resumes its oral arguments on the Hacienda Luisita compromise deal today, independent think-tank IBON urged SC justices not to miss the historic opportunity to give decades-delayed justice to thousands […]
As UN declares access to water as basic human right: Aquino gov’t urged to stop water privatization
Hulyo 19, 2010
The Philippine experience shows that privatization violates the human right to water, and that water shortages are a direct result of privatization of water resources and utilities. The Aquino government should stop water privatization in the light of the United Nations’ (UN) recent resolution declaring water and sanitation as a right, according to water advocacy […]
