This paper discusses governmental fiscal support for financing long-term infrastructure projects in ASEAN countries … critical role of such fiscal support in making feasible the financing of long-term infrastructure projects that may be … need to secure budgets for long-term infrastructure projects, which may be done through a medium-term expenditure framework …

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 GDP ranged between a low of 1.40 percent to a high of 2.09 percent - a far cry …