Recent Philippine budget reforms: separating the chaff from the grain, the whimsical from the real 6
By: 4 0 16 [, ] | [, ] |
Contributor(s): The Philippine Review of Economics. v51,n1 (June 2014) : pp. 60-85 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 46Edition: Description: Content type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Budget Reform -- -- -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:| Item type | Current location | Home library | Collection | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|---|
| Book | PLM | PLM Periodicals Section | Periodicals | HC451.P538r.2014 (Browse shelf) | Available | PER 1677D |
Browsing PLM Shelves , Shelving location: Periodicals Section , Collection code: Periodicals Close shelf browser
ABSTRACT : The budget rules enshrined in the Philippine Constitution are fiscally sound. When adhered to they make budget deficits easier to manage. Many policymakers, however, have chosen to ignore these rules. On the long list of budget reforms proposed in the past quarter-century, two emerge as real game changers: the Fiscal Responsibility Act and the Results-Based Multiyear Budget Framework, both of which require legislation. An important reform not on the list, however, is the proposal to limit the president's power to defer, rescind, or reserve expenditure of appropriations authorized by Congress. This is a major challenge in a country where the president is strong while Congress is weak 56
5
5
There are no comments for this item.