000			02914nam a2200289Ia 4500
001			70190
003			0000000000
005			20211103210431.0
008			050104s2004 000 0 eng d
020			_a9715640761
035			_a(AEA)D388C1D3126A4C8F93F22630381E0D0E
040			_aAEA _cAEA
050			_aF HJ 2167 .M312 2004.
100			_aManasan, Rosario G. _942863
245		4	_aThe President's budget for 2003 : _bdeficit in revenues leading to a deficit in services / _cby Rosario G. Manasan.
260			_aMakati City : _bPhilippine Institute for Development Studies, _c2004
300			_axi, 109 p. : _bill. _c23 cm.
500			_aCover title : Analysis of the President's budget for 2003 : deficit in revenues leading to a deficit in revenues.
500			_aSpecial paper: Philippine country study on Meeting the Millennium Development Goals.
520			_aThe message of the President's Budget for 2003 asserts that this year's budget supports the administration's vision of a strong republic that takes good care of its people and their future. The budget seeks to address the core needs of food, employment, education, health and housing. It also promises to provide funds and logistics necessary to ensure peace and order as well as eliminate graft and corruption. This study, however, documents that the national government will again overshoot its fiscal deficit targets for 2002 and 2003 in this year's budget. It also stresses that the fiscal problem that currently confronts the country stems not so much from the expenditure side but from the revenue side. While national government expenditures have remained fairly stable in the aggregate, tax effort has declined continuously since 1997. Consequently, the proposed 2003 budget of most govenment agencies is lower compared to that in 2002, thus threatening the delivery of adequate public services in 2003. Meanwhile, the accompanying special paper is part of a United Nations Development Programme (UNDP)project that undertook pilot studies in five countries, including the Philippines, so as to generate estimates of financing gaps and the needed policy measures pertaining to the attainment of the millennium development goals(MDGs). The study documents the progress toward meeting the MDGs, estimates the financial requirements needed to achieve each goal, compares the resource requirements with the funding level that is likely to be made available to determine the funding gap under alternative macro and sectoral policy scenarios, and proposes how resources can be optimally managed so as to maximize their effectiveness.
650			_aBudget _zPhilippines. _2sears _990262
650			_aFiscal policy _zPhilippines. _2sears _990263
650			_aPhilippines _2sears
942			_cFIL
999			_c58376 _d58376