This paper discusses governmental fiscal support for financing long-term infrastructure projects in ASEAN countries. More specifically, it discusses the role of guarantees and subsidies in promoting public-private partnership (PPP) projects. It draws on case studies of Philippine and Indonesian...

This study presents an evaluation of the National Expenditure Program for 2013. First, this paper projects that the fiscal targets set out in the Budget of Expenditures and Sources of Financing (BESF) for 2013 are likely to be met. Specifically, fiscal deficit is projected to be PHP 9.6 billion...

This study assesses the sources and levels of infrastructure financing in the Philippines for the last five years (2008-2012). The mapping of fiscal resources showed that there had been underinvestment in infrastructure. To illustrate, in 2008-2012, public infrastructure spending as a share of...

With the country still managing the COVID-19 pandemic, the election of national and local officials next year, and an increase in resources available to local governments units (LGUs) with the implementation of the Supreme Court ruling on the Mandanas-Garcia petition, major shifts in Philippine...

This study examines the fiscal implications of the current criteria of establishing the fiscal viability of local governments in the Philippines. Since the passing of the Local Government Code (LGC) of 1991 thirty years ago, the criteria used to create/convert a local government unit (LGU),...

The Philippines entered its deepest recession in post-war history in 2020, with output declining by 9.6 percent. Coming up with a strategy on how to best manage the economy and deal with the fallout of the public health shock, especially on the weaker segments of society, became the biggest...

The Supreme Court (SC) ruled with finality in April 10, 2019 on the motions for reconsideration of its initial decision promulgated in July 3, 2018 on the petitions filed by separately by Mandanas et al. and Garcia regarding what petitioners perceived to be errors in the computation of the...