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

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.

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...

"The country's growth and development most of all depends on investing in agriculture and Filipino industry."

#FinanceDevelopment #StriveForSovereignty #PeopleEconomics

"The bigger problem is that the president's budget actually sidelines people and long-term development, with or without pork."

#FinanceDevelopment #PeopleEconomics

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...

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...

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.

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