Category: Politics & Governance

For Filipino progressives, high time to reject IMF, World Bank neoliberal policies

“The World Bank and the IMF bear major responsibility for the widespread poverty in the Philippines through its imposition of onerous loan conditionalities and so-called development programs that resulted in higher prices, stagnant wages, union busting, cuts in social spending, higher regressive taxes, and displacement of farmers and indigenous peoples,” said Raymond Palatino, Bayan secretary general.

‘It’s the same old tune of neoliberalism for Marcos Jr.’s 2nd SONA’

In his second SONA, Marcos Jr. sang the same old tune on his supposed economic achievements and platforms that have never truly benefited the ordinary folk. By ARNOLD PADILLA Bulatlat.com MANILA – “Dumating na po ang Bagong Pilipinas,” (The New Philippines has come.) declared Ferdinand Marcos Jr. in his second State of the Nation Address…