The 1991 Local Government has initiated comprehensive changes in Philippine public administration such as decentralization and greater local autonomy. However, the macroeconomic picture has been characterized by volatile inflation, foreign exchange and interest rate. Against this backdrop, this paper investigates issues that affect the market development for LGU bonds. It also identifies the constraints in the design of LGU bond issue and assesses its marketability.
Citations
This publication has been cited 3 times
In the Media
- de Vera, Ben. 2022. Gov’t to borrow P200B more weeks before Duterte is gone. Inquirer.net.
- de Vera, Ben. 2022. BTR To Borrow P 200 Billion Locally In May. Philippine Daily Inquirer.
- de Vera, Ben. 2022. Municipal bonds eyed to raise funds for LGU projects this year. Inquirer.
