Transcription of Financing Infrastructure Projects in the Philippines
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Financing Infrastructure Projects in the Philippines
Page | 1 Financing Infrastructure Projects in the Philippines Revised Draft Author: Date: Status: Client: Jose Patrick Rosales July 2017 Draft United Nations Economic & Social Commission for Asia & the Pacific (UNESCAP) Page | 2 Table of Contents Abbreviations .. 3 List of Tables & Figures .. 5 Executive Summary .. 6 I. Introduction: The 2017-2022 philippine Infrastructure Program .. 9 II. Public Spending on Infrastructure .. 12 A. The Infrastructure Budget .. 12 B. The Comprehensive Tax Reform Program (CTRP) .. 18 C. LGU-Level Infrastructure Financing Sources .. 21 D. Government Banking Institutions .. 24 III. Official development Assistance (ODA) .. 28 IV. Private Sector Participation .. 38 A. Public-Private Partnerships.
country’s Philippine Development Plan (PDP). These infrastructure projects will be financed, through 3 main sources: (1) government’s budget; (2) Official Development Assistance (ODA); and (3) private sector participation. The primary source of infrastructure financing in the Philippines remains to be the public budget.
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