#FinanceDevelopment
ICYMI: Research group IBON questioned how the Bangko Sentral ng Pilipinas‘ (BSP) latest 50-basis-point interest rate hike will meaningfully bring down inflation when Filipino households are already struggling with high prices and stagnant incomes.

#interestrates #financedevelopment #peopleeconomics
BSP should explain how their rate hikes aren’t making things worse
The BSP’s interest rate hikes will further weaken household consumption, investment and economic growth without addressing the underlying sources of inflation.
www.ibon.org
November 4, 2026 at 3:48 AM
There are red flags indicating that the HOR GAB, or the House version of the 2027 budget, has even more pork for patronage and corruption—pork that will come in handy for trapos towards the 2028 elections.

#FinanceDevelopment #korapmanagot
October 14, 2026 at 9:14 AM
The average monthly increase of Php130.7 billion in national government outstanding debt borrowed under the Marcos Jr administration is the highest compared to that of previous administrations.

#FinanceDevelopment #PeopleEconomics
August 23, 2026 at 8:34 AM
Govt outstanding debt has reached Php19.1 trillion as of June 2026.

Its domestic component or money borrowed from local lenders inside the country comprises 66.7% of total debt, while the rest or 33.3% is external or money owed to foreign lenders outside the country.

#FinanceDevelopment
August 23, 2026 at 7:37 AM
Petron owner Ramon Ang has a net worth of Php209.8 billion.

A billionaire wealth tax on Ang generates Php12.4 billion in revenue.

His remaining wealth will still be a huge Php197.4 billion.

#TaxTheRich #FinanceDevelopment #PeopleEconomics
March 25, 2026 at 4:18 AM
In a country where economic problems cut deep, interest rate cuts really just won't cut it.

#MalalangEkonomiya #FinanceDevelopment #PeopleEconomics

www.ibon.org/why-interest...
Why interest cuts won’t cut it
[FEATURES] Until the Marcos Jr administration’s economic policies cut to the heart of the matter, interest rate cuts really just won’t cut it.
www.ibon.org
February 24, 2026 at 6:53 AM
"The country's growth and development most of all depends on investing in agriculture and Filipino industry."

#FinanceDevelopment #StriveForSovereignty #PeopleEconomics
January 7, 2026 at 3:12 AM
"The bigger problem is that the president's budget actually sidelines people and long-term development, with or without pork."

#FinanceDevelopment #PeopleEconomics
August 13, 2025 at 8:45 AM
The 2025 national budget is on the verge of approval, yet the ongoing shortage of essential health facilities remains a pressing issue that the government has failed to prioritize.

#PeopleEconomics #FinanceDevelopment

www.ibon.org/bbm-for-heal...
BBM for health? Not really
The lack of essential health facilities reflects the broader deficiencies in the country’s healthcare infrastructure and its inability to provide adequate care to millions of Filipinos, particularly t...
www.ibon.org
December 17, 2024 at 11:12 AM
PBBM's proposed 2025 budget was already deeply flawed from the start. Although grandiosely themed, it was clear that the budget would make the poor poorer and the rich richer.

You really can make a bad thing worse.

#FinanceDevelopment #PeopleEconomics

ibon.org/2025-budget-badly-made
2025 BBM: Budget Badly Made
The government easily decides on austerity for the poor, yet just as easily decides to give huge budgets for pork and patronage, infrastructure for the rich, and even sacred debt service.
ibon.org
December 17, 2024 at 9:29 AM