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WEALTH IN THE HANDS OF THE FEW

PHL economic growth is unjust — Social Watch


The Philippine economic growth is unjust and not sustainable, as the nation's wealth is concentrated among few billionaires and highly dependent on fossil fuels, according to Social Watch Philippines.

"A just and sustainable growth ensures that no one is left behind," Isagani Serrano, SWP co-convenor and Philippine Rural Reconstruction Movement president, said on Friday.

The civil society group noted the Philippines can achieve its sustainable development goals by 2030 if the economic growth is not concentrated in the hands of a few billionaires.

In presenting his "Spotlight Report: The Other PH 2030 Agenda,"  Serrano noted that the country must overcome high levels of economic inequality and high poverty to achieve its social development goals

Social Watch has drafted its recommendations for the National Economic Development Authority. — VDS, GMA News

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