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National budget for 2024: A Budget Badly Made (Part 3)

National budget for 2024: A Budget Badly Made (Part 3)

By SONNY AFRICAIBON Foundation (Last of three parts) Revenue unfriendly On the expenditure side, the proposed budget for 2024 doesn’t spend on pressing economic needs while increasing spending to boost corporate profits and narrow political self-interest. This is made...

National budget for 2024: A Budget Badly Made (Part 2)

National budget for 2024: A Budget Badly Made (Part 2)

By SONNY AFRICAIBON Foundation (Second of three parts) Growth unfriendly Band-aids are not necessarily a bad thing. Social spending can be wielded to improve people’s conditions – which is important in itself even if not prioritized by the administration. But it can...

National budget for 2024: A Budget Badly Made

National budget for 2024: A Budget Badly Made

By SONNY AFRICAIBON Foundation (First of three parts) Finance Sec. Benjamin Diokno made an incredible claim at the opening of the Senate budget hearings: “If you look at the composition of the budget it’s talagang pro-poor.” But the budget’s numbers tell a...

Tax the super-rich

Tax the super-rich

Growing billionaire wealth amid increasing poverty, worsening joblessness, and stagnant wages shows that it’s high time for the Marcos Jr administration to heed calls for a wealth tax on the country’s billionaires.

Paninda sa Kadiwa, mahal naman!

Paninda sa Kadiwa, mahal naman!

Matapos ipagmayabang ni Pangulong Ferdinand Marcos Jr. sa nakaraang State of the Nation Address malaking tulong ang mga Kadiwa store sa pagpapababa ng gastos, inalmahan naman ito ng mga karaniwang mamimili. 

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