The World Bank sounded the alarm last week over the Philippines’ failure to meet its five-month revenue target, saying it puts in question the state’s ability to sustain its fiscal reforms and meet deficit goals. Country Director Joachim Von Amsberg said the government should improve the efficiency of its tax collections and protect revenue collectors from political pressure. (Reuters)
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).