Philippines : Report for the July 2004 Post-Program Monitoring Discussions.

This paper focuses on 2004 Post Program Monitoring Discussions for the Philippines. The authorities are formulating a significant package of tax measures. IMF staff argued that the bulk of the additional revenues should be saved, thereby front-loading the medium-term deficit reduction effort. Such a...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Staff Country Reports; Country Report ; No. 2004/317
Online Access:Full text available on IMF
Description
Summary:This paper focuses on 2004 Post Program Monitoring Discussions for the Philippines. The authorities are formulating a significant package of tax measures. IMF staff argued that the bulk of the additional revenues should be saved, thereby front-loading the medium-term deficit reduction effort. Such a strategy would boost market confidence and exploit the likely greater potential to enact tax measures at the beginning of the new administration's term. The authorities are now also considering the power sector reforms.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (55 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students