Skills represent a key driver of development and growth in the Philippines. Educational attainment of the Filipino population has steadily increased in recent decades, but while the country is regionally successful within Southeast Asia, it has yet to reach the standards of more developed...

Introduction -- Key players -- Budgeting -- Onlending arrangements -- Foreign exchange and interest rate risks -- Funds flow arrangements -- Accounting and reporting --Auditing arrangements -- Summary of risks and issues, and proposed mitigating actions and improvements