Philippines: Report on the Observance of Standards and Codes—Fiscal Transparency Module
International Monetary Fund
No 2002/216, IMF Staff Country Reports from International Monetary Fund
Abstract:
This report provides an assessment of the Observance of Standards and Codes on Fiscal Transparency Module for the Philippines. The Philippines meets the requirements of fiscal transparency in many important respects. Despite broad adherence to the transparency code, there are some key areas that require strengthening. Although the existing responsibilities, procedures, and reporting arrangements are well defined, more efforts are required to enforce them, to clearly define accountabilities, and to take firm and demonstrable corrective action when they are not met.
Keywords: ISCR; CR; accounting system; government policy; expenditure program; financing flow; government regulation; policy intention; procurement procedure; NG budget balance; tax authorities; annual budget; government account; budget document; government operation; government accounting; Budget planning and preparation; Fiscal accounting and reporting; Budget execution and treasury management; Chart of accounts (search for similar items in EconPapers)
Pages: 25
Date: 2002-10-04
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16095 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2002/216
Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm
Access Statistics for this paper
More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().