Since 2014
(DP 2001-10) Recent Fiscal Development in the Philippines
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 2001-10) Recent Fiscal Development in the Philippines
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| Creator |
Paderanga, Jr., Cayetano W.
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| Description |
The Philippine fiscal picture shows an economy that has not yet achieved sustainable long-term fiscal balance. It had taken major steps in this direction from 1990 to 1996. However, since the Asian Crisis, the picture has deteriorated. The tax ratio has declined, the fiscal balance has turned to negative and has widened, and the public debt reached a level that is not sustainable given reasonable forecasts of inflation, interest rates and the real economic growth rate. To return to a sustainable fiscal situation, the government may have to implement some difficult policies and programs.
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| Publisher |
UPSE Discussion Papers
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| Contributor |
—
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| Date |
2010-08-26
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/84
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| Source |
UPSE Discussion Papers; 2001
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/84/75
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