MOST FILIPINOS DON’T BELIEVE ECONOMY IS IMPROVING

In her State of the Nation Address (SONA), President Gloria Macapagal-Arroyo claimed that the economy was on the upswing. But results of the latest IBON Survey show that most Filipinos do not believe that the economy is getting better.

According to IBON’s July 2007 nationwide survey, 80% of 1,488 respondents believed that there was no truth to government’s pronouncement that the economy has improved. 11% said that they believe the economy is getting better, while 8% were uncertain.

The IBON July 2007 survey was conducted across various sectors nationwide from July 2 to 13 to find out the people’s perception of the economy, their income and livelihood, government performance, and other pressing issues.

The survey has a margin of error of plus or minus three percent. (end)

Below is the tabulation of the results of the respondents’ perception of President Arroyo’s statement that the economy is improving.

In your opinion, is there truth to the government’s pronouncement that the economy has improved?

July 2007

Frequency      Percentage

Yes               164                11.02

No                1,196             80.38

* For the full results of the IBON July 2007 Survey, please e-mail us at media@ibon.org or contact us at Tel. 927-6986. The results will also be available online at www.ibon.org starting tomorrow, July 28