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  • July 07, 2022 , 11:08pm

New admin needs new policies to fix old problems — IBON

New admin needs new policies to fix old problems — IBON

June 30, 2022

By IBON Foundation

As the next president is inaugurated and the new administration is ushered in, research group IBON said that new policies are desperately needed to fix old economic problems that worsened under the Duterte administration. The group said that the Duterte government’s conventional market-oriented policies, even during the pandemic, have left the Philippine economy in shambles. IBON warned that unreformed policies under the new administration will keep the country on the same path of economic decline.

IBON said that despite the Duterte administration’s constant hype of its achievements, its adherence to narrow-minded big business-friendly policies amid neglect of social development leaves the next administration and millions of Filipinos with a load of urgent socioeconomic issues.

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