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.
by law, required to be allocated for development projects. This is further augmented by financing windows made available by the Municipal Development Fund Office (MDFO), such as the Project Technical Assistance and Contingency Fund (PTACF), which provides assistance to LGUs in financing the preparation and submission of feasibility studies and
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