Philippine Standard time

Financing the Budget Deficit in the Philippines

For the last 25 years, the government has been incurring heavy budgetary deficits. Yet, data on recent Philippine experience reveal that no well-established guidelines on how to finance a budget deficit have been formulated. This paper investigates the means and measures to finance a deficit, considers a theory that chooses an optimal mix of policy instruments and studies the experience of less developed country like the Philippines as a case in point.


This publication has been cited time(s).

  1. Gochoco, Maria Socorro, 1988 "Financing the budget deficit in a small open economy: the case of the Philippines, 1981-1986" , Philippine Institute for Development Studies

  2. Manasan, Rosario, 1988 "The size, financing and impact of the public sector deficit, 1975-198" , Philippine Institute for Development Studies



Jul 10, 2013