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Libya faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. The Sovereign Wealth Fund (SWF) should be a financing fund system with clear and rigid inflow and outflow...
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This paper examines the Philippines’s 2004 Article IV Consultation and Post-Program Monitoring Discussions. GDP growth … the Philippines economy is clouded by the uncertain external environment. The rapid growth in 2004 is unlikely to be …
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This report reviews the Financial Sector Assessment Program of the Philippines on International Organization of … International Monetary Fund and the World Bank as part of the Financial Sector Assessment Program for the Philippines. It assesses …
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This paper reviews the Financial System Stability Assessment Update on the Philippines. The assessment reveals that the …
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The Technical Assistance Report on the Philippines’ road map for a pro-growth and equitable tax system is examined. Tax … revenue has declined over the last decade in the Philippines owing to generous and expanding tax incentives, tariff rate … excise revenue owing to nonindexation. One of the key reasons for providing tax incentives in the Philippines is concern that …
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