Campus journalists question Aquino’s economic growth figures


Marc Lino Abila

National Deputy Secretary General

College Editors Guild of the Philippines


“Aquino has been the number one salesman of the Philippines to foreign investors instead of building a national industry that will be owned and managed by our fellow Filipinos to utilize our natural resources and provide for our needs,” said Marc Lino Abila, National Deputy Secretary General of the College Editors Guild of the Philippines (CEGP).

The oldest and broadest alliance of tertiary student publications in the Philippines and Asia-Pacific expressed its distaste on Aquino’s act of boasting economic growth which does not manifest in the lives of majority of Filipinos who remain impoverished.

“These foreign capitalists, with the promise of employment and revenue in form of taxes, will eventually eat up our wealth and resources,” Abila added.

According to the data from the National Statistics Office’s (NSO) Labor Force Survey, unemployment in the country increased from 2.892 million in January 2012 to 2.894 million in January 2013 and underemployment increased from 7.018 million last year to 7.934 million this year despite Aquino’s claim that the economy is growing.

“And instead of addressing the problems on unemployment and underemployment, Aquino is hell bent in implementing Conditional Cash Transfer (CCT) instead of providing regular jobs to the people, increasing their wages and regulating the prices of basic needs,” Abila said.

“CCT is not helping the poor but gives an illusion that the government is sustaining their lives and is being used by the administration for electioneering and corruption,” Abila pointed out.

“Aquino has been recently bragging on his administration’s economic performance while the Filipino people remain poor and hungry,” Abila said.

“Aside from these, we are now left with a large number of graduates who are forced to take jobs which do not match with their knowledge and capabilities and end up as underpaid employees,” Abila related.

“Our workers are in dire need to have their benefits and rights,” Abila said. “But the government is more compelled to serve the elite and foreign investors rather than the larger Filipino population who needs education and employment.”

“The Guild, with its member publications, is in solidarity with the workers and the Filipino people in the struggle for national industrialization, regular employment, across-the-board P125 wage increase, and lower prices on commodities,” Abila ended. ###