Government is wrong in downplaying the contribution of the Tax Reform for Acceleration and Inclusion (TRAIN) law on recent big-time oil price hikes, research group IBON said. The price of fuel products combined with the TRAIN increased since year-end 2017 to Php10.20 per liter for diesel, Php11.41 for kerosene, and Php15.14 for gasoline this week….
Related read: http://ibon.org/2017/07/govt-should-rebuild-marawi-at-no-expense-to-the-war-stricken-ibon/ #MarawiRevisited
Despite being relatively high compared to other Asian countries, Philippine economic growth is lopsided in the interest of a few at the expense of the majority of poor Filipinos. High levels of wealth are concentrated in the hands of a few, while family incomes have stagnated in real terms, especially amid rising prices.
First quarter economic growth this year did not translate to better jobs for Filipinos, research group IBON said. This means that despite government claims that the groundwork for reforms has been laid, growth has remained essentially exclusionary, generating jobs that are insecure and low-paying, said the group. Socio-Economic Planning Secretary Ernesto Pernia recently announced the…
The overwhelming majority of Filipinos suffer chronic poverty and backwardness… Many are hoping that the… elections will be a fresh start and that new leadership will address their plight. Yet the elections can only usher in the needed reforms if the people are able to choose national and local leaders who are genuinely pro-people, patriotic…
The inflation spike marks the start of increases driven by the Tax Reform for Acceleration and Inclusion (TRAIN) in the prices of basic goods and services for the next three years, research group IBON said. Further inflationary surges are likely to happen in 2019 and 2020 when the next two rounds of additional taxes on…
The number of Filipino workers relegated to insecure and low-paying jobs have grown under the Duterte administration, said research group IBON. Latest official labor force data shows a higher number of employed under Pres. Duterte. The number of employed increased to 41.8 million in January 2018 from 39.3 million in the same period last year,…
Filipino educators urge the Duterte government and all stakeholders to mark this year’s International Labor Day as a reminder of the importance of workers and human resources in achieving the country’s development, and how this can be guided only through a nationalist and progressive education system. The Educators’Forum for Development (EFD), a voluntary association of…