Llanto, Gilberto M.; Navarro, Adoracion M. - Philippine Institute for Development Studies (PIDS), … - 2014
This study assesses the sources and levels of infrastructure financing in the Philippines for the last five years (2008 …-2012). The mapping of fiscal resources showed that there had been underinvestment in infrastructure. To illustrate, in 2008 …-2012, public infrastructure spending as a share of GDP ranged between a low of 1.40 percent to a high of 2.09 percent--a far cry …