IBON Midyear BirdTalk 2026: Government must prioritize national development amid global instability
IBON executive director Sonny Africa:The upper-middle-class-income status isn’t holding true because, one, the Philippines is at the bottom one-third of the poorest countries in the world. Second, its GNI per capita of US$4, 850 is one-third of the global average of US$14, 244. Third, it doesn’t measure development because “economy is about the welfare of the people, not just economic growth.
