LATEST PUBLICATIONS
PN 2019-14
Issues and concerns in the implementation of PBB at DepEd
DP 2019-38
Towards a More Inclusive Agricultural Insurance Program
DP 2019-37
Expanding Health Insurance for the Elderly of the Philippines
PN 2019-13
Challenges in the implementation of the PBB scheme in NGAs
Publication Detail
15985: Philippines - Strengthening economic resiliency

This report confirms the private sector ' s central role in generating the impetus for growth, and the role of financial policies in bolstering confidence. At the same time, it assesses a number of emerging concerns that will need to be addressed to solidify growth prospects. Section II reviews recent macroeconomic developments while Section III discusses the policy implications of emerging macroeconomic trends, in particular the requirements for maintaining fiscal sustainability and options for restraining credit expansion. Furthermore, the objectives of raising domestic savings and improving allocation efficiency are examined in the context of options to reform the Government ' s role in social security and housing. Finally, Section IV provides projection of official development assistance (ODA) requirements in the context of the Government ' s public investment program and places these within an overall balance of payments framework through 1998.

World Bank
Authors Keywords
World Bank; fiscal management; employment opportunities; monetary policy; fiscal policy; fiscal sector; housing sector;
Download PDF Number of Downloads
Published in 0 and available in the or can be downloaded as full text Downloaded 784 times since November 25, 2011