Persistently high fuel prices in the Philippines—now among the highest in ASEAN and a major driver of higher March inflation—are the result of deliberate government policy choices.
#JunkODL #VATTanggalin #PeopleEconomics
www.ibon.org/ph-fuel-cost...
"Excise and VAT on the consumption of ordinary Filipinos are regressive taxes on daily survival."
IBON Executive Director on govt decision on fuel excise tax
#VATTanggalin #PeopleEconomics #JunkODL
READ: ibon.org/medicines-are-next
At face value, it may sound like a gentle reminder that prevention is better than cure, but it screams a hard truth: Filipinos cannot afford to be sick.
#PeopleEconomics
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
The declaration of a national emergency will need large funding to be meaningful.
A billionaire wealth tax generating at least Php500 billion will help ensure more Filipinos will be given help for as long as they need.
#TaxTheRich #PeopleEconomics
At the crossroads of national food security and imperialist interests, the government has consistently chosen the latter.
#JunkRTL #riceprices #PresyoIbaba #PeopleEconomics
ICYMI: ibon.org/fy26-educ-budget-cannot-deliver
Education receives the largest allocation in the 2026 national budget, meeting UNESCO's recommended benchmark for the 1st time. Marcos Jr administration is celebrating it as historic.
Yet this declaration rings hollow.
#Budget2026 #PeopleEconomics
"The Philippines has had job-poor growth and job-degrading growth for decades."
#PeopleEconomics #JobsPH
Addressing the jobs problem requires much more than short-term measures.
Sustained job creation can only come from strengthening domestic growth engines.
#JobsPH #PeopleEconomics
ibon.org/highest-joblessness-since-2022-due-to-economys-structural-defects
ICYMI: The 5.8% unemployment rate in January 2026 reported by the PSA is the highest since June 2022.
#JobsPH #PeopleEconomics
ibon.org/highest-joblessness-since-2022-due-to-economys-structural-defects
Scrapping oil VAT and excise taxes will immediately lower prices and moderate the impact on poor consumers.
Subsidies for transport operators and small producers will also provide relief while helping soften prices.
#VATTanggalin #JunkODL #PeopleEconomics
ICYMI: The country’s tax burden is shifting from corporations to households. Poor and middle-class women and their families are hit harder as they pay VAT and excise taxes on basic expenses like fuel, electricity, food and transport.
#ScrapVAT #PeopleEconomics
ICYMI: Rising oil prices amid escalating conflict in the Middle East threaten to further erode Filipinos’ already weak purchasing power.
#JunkODL #ScrapVAT #PeopleEconomics
ibon.org/oil-shocks-risk-further-erosion-of-filipinos-purchasing-power
The measures the Marcos Jr administration takes to address economic shocks brought by the US-Israel attack on Iran have to be weighed against the magnitude of the problems at hand.
#OilPrices #USIranConflict #PeopleEconomics
ibon.org/ph-oil-troubles
"The Marcos Jr administration can show genuine concern by getting at the root of the problem."
#usirantensions #bbm #ofw #peopleeconomics
People Power was never meant to be a single day. If Filipinos want the next 40 years to look differently, we must continue showing up. #EDSA #PeopleEconomics
ibon.org/edsa40-reclaimed-democracy-or-elite-continuity
[🧵] Two of the highest officials of the land face serious allegations for abuse of power and misuse of public funds. These issues compelled the impeachment raps currently being deliberated in Congress.
#StopKorap #KurakotManagot #PeopleEconomics
[🧵] Two of the highest officials of the land face serious allegations for abuse of power and misuse of public funds. These issues compelled the impeachment raps currently being deliberated in Congress.
#StopKorap #KurakotManagot #PeopleEconomics
[🧵] Two of the highest officials of the land face serious allegations for abuse of power and misuse of public funds. These issues compelled the impeachment raps currently being deliberated in Congress.
#StopKorap #KurakotManagot #PeopleEconomics
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...
"We didn't 'see' corruption while it was happening in the 2023-2025 budgets - and until today only see what the government allows us to see."
#StopKorap #LahatManagot #PeopleEconomics
Beyond the flood control projects corruption scandal, the dismissed impeachment complaint against the President points to deeper structural problems.
ibon.org/impeachment-peoples-right-to-truth
#StopKorap #LahatngKorapDapatManagot #PeopleEconomics
The Marcos Jr administration celebrates a 'true education budget' for 2026. Yet this declaration rings hollow.
#Budget2026 #PeopleEconomics
ibon.org/fy26-educ-budget-cannot-deliver
The 2026 health budget may be the largest on record, but this does not automatically translate into better health outcomes for the Filipino people.
#PeopleEconomics #Budget2026
"Can we trust a presidency and Congress that thrives on pork barrel to be concerned that their economic policies are what's best for the people?"
#PeopleEconomics
Corruption scandals weighed the economy down in the second half of 2025, but the deeper problem lies in a growth model that has been breaking since 2017.
#GrowthPH #PeopleEconomics #MalalangEkonomiya
www.ibon.org/fy25-gdp-slo...
READ: ibon.org/ph-econ-beyond-pr
Inflation reflects changes in the cost of living over time, particularly the immediate pressure households face.
However, employment quality and stability are the more decisive determinants of long-term family welfare.
#PeopleEconomics
READ: ibon.org/ph-econ-beyond-pr
There is also an important story beneath the numbers.
Looking at the structure of employment over years confirms that the economy and Filipinos are forced to rely on volatile informal, unstable, and low-productivity work.
#PeopleEconomics
As the country enters 2026 amid political unrest and persistent corruption, public attention has largely focused on holding officials to account.
Issues will be taken up at the 2026 IBON Birdtalk Yearstarter.
#PeopleEconomics
www.ibon.org/pbbm-falteri...
The Marcos Jr administration and its economic managers blame corruption for the growth slowdown.
All the country lacks it seems, is “good governance”. The argument seems compelling, but are decency and good intentions really all we need?
#IBONBirdtalk #PeopleEconomics
www.ibon.org/isnt-corrupt...