The Philippines: Recent performance, prospects for 1993-94, and policy and development issues (original) (raw)

AI-generated Abstract

The paper discusses the recent economic performance of the Philippines, highlighting improvements in key indicators but underscoring ongoing uncertainties due to structural issues and external factors. It analyzes the impact of government policies aimed at liberalizing the economy, the effects of frequent natural disasters, and fiscal constraints on investment spending. The conclusions call for strategic government spending adjustments and revenue enhancement strategies to support sustainable economic growth.

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