Economy

By Rosario Bella Guzman The declared policy of the newly signed Republic Act (RA) 11203 or Rice Tariffication Law, now with issued implementing rules and regulations, is apparently to ensure food security. Ironically, it is the very same principle that the law puts at risk. Food security is a precondition for economic development. A hungry…

Research group IBON said lower reported official poverty estimates for the first semester of 2018 unfortunately do not necessarily mean that the country’s poverty situation is improving. The group observed that standard of living allowed by the official poverty line is very low and grossly underestimates the real number of poor Filipinos. Unless corrected, it…

Not creating enough decent jobs is among the worst problems of the economy. Filipinos are forced abroad, suffer poor quality work, or are jobless because of neoliberal policies especially since the 1980s. Despite hyped economic growth, employment generation under the Duterte administration is at its worst in over 60 years. #MalalangEkonomiya #MayMagagawa #PeopleEconomics #BeyondElections2019

For over forty years, IBON has sought to explain socioeconomic and political issues to the public as our contribution to Philippine democracy and the cause of genuine progress and development. We have always been transparent about our bias for the majority of Filipinos who are persistently marginalized and about our opposition to unjust and inequitable…