As the Philippines gears up to its national elections in May, Bantay Kita has created this infographic to raise awareness of this law. It explains to citizens exactly what this law means and what to do if they suspect campaign finance violations.
GDBP Contribution of Mining And Quarrying 2000-2010
From 2000-2010, the average contribution of the mining industry to Philippine GDP was only 0.96%
Tax Revenues from Mining
On average, the total taxes, fees and royalties from 2007-2010 is about 1% of the national tax revenue
Mining and Employment
The industry also employed a total of 197,000 workers for 2010. This is 0.6% of total estimated employment (36M). This means that for every one hundred workers, less than 1 person is employed by the mining industry.
Gold is the number one mineral produced by the Philippines in value terms. Although total local
production was low relative to world production, it ranked 2nd to Africa in gold production per
unit land area in 1988 and ranked 29th as top gold producer in 2002 (Israel and Asirot 2002).
This paper is a scoping of public interest issues in Philippine oil and gas production. It is a preliminary examination of these issues for the use of Bantay Kita and other civil society organizations concerned with the extractive industries.
The international community has recently seen progress in promoting transparency in extractive industries. The Dodd-Frank Act, passed by the American legislature in July 2010, required US-listed energy and mining companies to regularly disclose payments made to the governments of the countries in which resources were extracted.
Bantay Kita is a member of the Publish What You Pay Coalition