About Us

The Foundation has for its Board of Advisers, former Prime Minister Cesar E.A. Virata and former Socio-Economic Planning Secretary Dr. Gerardo Sicat. The Foundation is led by its Board of Trustees composed of former Finance Secretary Roberto de Ocampo, OBE as Chairman, and former Finance Undersecretary Romeo Bernardo as Vice-Chairman. Business columnist Mr. Calixto Chikiamco acts as President together with former Finance Secretary Ernest Leung as Treasurer and Atty. Ricardo Balatbat as Executive Director and Corporate Secretary. Other Trustees include Monetary Board member Dr. Felipe Medalla, former Presidential Adviser for Strategic Projects Gloria Tan-Climaco, corporate lawyer Perry Pe, investment bankers Simon Paterno, Eddie Gana, and Vaughn Montes, international trade law adviser Anthony Abad, and urban land planning expert Dr. Art Corpuz.

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Latest News


NDF demands free land for farmers; alarm raised

May 23, 2017

May 20, 2017 MANILA, Philippines – The Foundation for Economic Freedom (FEF) has expressed alarm over the Duterte administration’s alleged  inclination to give in to the National Democratic Front (NDF)’s demand of free land for farmers as part of the peace talks, saying this is not a solution to poverty. The government peace panel and […]


Free land no cure for PH rural poverty – economists

May 19, 2017

May 19, 2017 A group of prominent economists warned against a “populist” move to distribute free land to farmers, arguing that this will neither boost agricultural productivity nor end rural poverty. The Foundation for Economic Freedom (FEF) – an advocacy group for good economic governance and market-friendly reforms – issued on Friday a statement reacting […]


Think tank lauds Duterte order allowing private sector rice imports

May 15, 2017

May 11, 2017 MANILA, Philippines – The Foundation for Economic Freedom (FEF) lauded yesterday President Duterte’s decision to allow the private sector to import rice and abolish the National Food Authority’s (NFA) legal monopoly on rice importation. “We believe that removing NFA’s rice importation monopoly is the right step to prevent more financial losses of […]