IBON Foundation

Economics for the Filipino people #PeopleEconomics

[IBON Foundation @IBONFoundation]

The 8.2% inflation suffered by the poorest 30% of households exposes the deeper crisis of low wages, insecure jobs, and inadequate social protection that leaves families extremely vulnerable to every new price shock.

#PresyoIbaba #SahodItaas

https://t.co/g1SLGOnmeC

[IBON Foundation @IBONFoundation]

Our experience shows that foreign investment can mean decades of cheap labor, profit extraction, and technolgical dependence—not the development of a self-reliant Filipino industry. Pax Silica risks repeating this history. #BuildFilipino #IBON48

Hi-res: https://t.co/pD2GzqQQeI

[IBON Foundation @IBONFoundation]

IBON Executive Director Sonny Africa on EO 122 on critical minerals #BuildFilipino #IBON48

[IBON Foundation @IBONFoundation]

Accdng to govt stats, a family earning even slightly more than Php14, 634 monthly is officially considered non-poor, without considering the high costs of food, housing, electricity, transportation, education, healthcare and other basic expenses.

Read: https://t.co/aMZ7Nkz2Or

[IBON Foundation @IBONFoundation]

The Marcos govt's Php7.2-trillion proposed 2027 national budget has Php112 billion in patronage- and corruption- prone unprogrammed appropriations. Shows the admin's continued prioritization of infrastructure, defense, and debt servicing, while defunding social services. #IBON48

[IBON Foundation @IBONFoundation]

Filipinos continue to struggle with the high cost of living because the prices of basic goods and services are rising faster than what their wages and incomes can keep up with. #BuildFilipino #PresyoIbaba #ibon48

Hi-res: https://t.co/cGlRGIB5nQ

[IBON Foundation @IBONFoundation]

There is not a single region where the nominal minimum wage meets the estimated regional family living wage. Philippine minimum wages are poverty wages.

#SahodItaas

[IBON Foundation @IBONFoundation]

The Marcos government claims that poverty has been reduced significantly. Yet the average Philippine nominal minimum wage falls way short of the estimated average amount a family of five needs for food and non-food needs.

#SahodItaas

[IBON Foundation @IBONFoundation]

Read: https://t.co/zoYPHEQtNw

[IBON Foundation @IBONFoundation]

Prexyspokes Claire Castro re latest shooting incident at Ateneo de Zamboanga that teachers themselves teach bad manners wasn't only an attempt to absolve the govt of responsibility but also a demeaning attack on a profession already carrying the weight of a broken educ system.

[IBON Foundation @IBONFoundation]

Ano nga ba ang kayang gawin ng equity financing ng Big Pharma? Paano ito nakaka-apekto sa pharmaceutical industry ng bansa? 🤔💸🤝

#HealthCheka #bigpharma

[IBON Foundation @IBONFoundation]

READ MORE:

https://t.co/BDjI1KWCvO

[IBON Foundation @IBONFoundation]

Filipinos continue to struggle with the high cost of living because the prices of basic goods and services are rising faster than what their wages and incomes can keep up with.

#SahodItaas #PresyoIbaba #PeopleEconomics

[IBON Foundation @IBONFoundation]

READ MORE HERE: https://t.co/g8KiSNwh3A

[IBON Foundation @IBONFoundation]

There’s a simple rhetorical trick behind all the Pax Silica excitement, i.e. set up a foreign-owned high-tech factory or an AI data center on Philippine soil and suddenly we are high-tech manufacturers and AI producers.

But the “we” isn’t really us.

#PeopleEconomics

[IBON Foundation @IBONFoundation]

https://t.co/VflouVf0OL

[IBON Foundation @IBONFoundation]

Bai Bibyaon’s promise will live on. The pangi tree will bear fruit again and again, season after season, long after those who sought to silence the forest are gone.

#PeopleEconomics

[Consumers International @Consumers_Int]

As electricity prices rise and more households consider switching, consumers need trusted, independent information to make informed choices.

We're pleased to support the launch of @IBONFoundation's new consumer-focused renewable energy one-stop-shop. ☀️

The platform offers accessible resources, practical guidance and research to help consumers better understand #renewableenergy, navigate the #energytransition and engage with key energy issues.

🔗 Explore: https://t.co/rdT9NVGE7I

🔗 Learn about our One-Stop-Shop initiative: https://t.co/hBB3lqeW89

#CleanEnergy #ConsumerProtection

[IBON Foundation @IBONFoundation]

Like other public services and utilities, the electric power industry has been transformed into a profitable venture where private gains take precedence over public welfare.

[IBON Foundation @IBONFoundation]

Broken currents, broken promises. EPIRA (Republic Act 9136) has failed to deliver cheap and uninterrupted power, universal access, and competition.

#RenewablesForThePeople #RenewPHNow #BuildFilipino
https://t.co/eT6MKTdzST