Research group IBON said that substantially raising the minimum wage of Filipino workers will not lead to price hikes, contrary to the recent claims of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia. IBON said that wage hikes should not result in higher prices since they form part of the profits and not production…
Nearing the third State of the Nation address, research group IBON said that debt-driven growth under the Duterte administration is not resulting in substantial improvements in the Philippine economy. According to the group, while ballooning debt accelerated government spending and pushed the 6.8% economic growth during the past year, the agriculture and industry sectors, which…
Download pdf here Humahagupit ang dagdag na pahirap sa naghihirap nang mamamayan sa ikalawang taon ng panunungkulan ni Presidente Duterte. Pangunahing lumatay ang pagpapatupad ng kanyang gobyerno ng pasaning buwis mula sa Tax Reform for Acceleration and Inclusion (TRAIN) para lamang pondohan ang kanyang maka-dayuhan at maka-oligarkiyang grandyosong programa sa imprastaktura, ang Build, Build, Build…
Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the…
Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion…
The Duterte administration has marked its second year in office. It was ushered into power amid a popular clamor for change but has earned international criticism for its controversial war on drugs and human rights record. It made many promises to the people but economic growth and more foreign investments have not resolved joblessness and…
IBON Feature – The Duterte administration’s second full year in office sees the people’s condition worsening and the need for genuine reforms even more urgent. The government is however digging in its heels and pushing more harmful neoliberal measures that aggravate the people’s plight instead of implementing policies that overcome economic backwardness. Filipinos struggle to…
The Water for the People Network (WPN) is dismayed that the Metropolitan Waterworks and Sewerage System – Regulatory Office (MWSS-RO) would not readily reveal the numbers involving water companies’ petitions for tariff increases in public consultations that the MWSS-RO itself convened this week. The group said that by doing so, the government agency effectively hindered…