Date Published:
Jan 15, 2018
Category:
Policy Notes
Code:
PN 2017-29

Several studies suggest that infrastructure capital, such as roads, waste water treatment facilities, and telecommunications, is positively related to growth. This Policy Note assesses the existing planning and programming systems in the Philippines for capital projects, or those infrastructure projects regardless of the funding source, at the national and agency levels. Among others, it highlights inconsistencies in the government's current planning, programming, and budgeting processes, which are important aspects in infrastructure development. To address this, it recommends the establishment of an online public investment project database. It also urges the government to establish a multiyear planning and budgeting system fully costed and coordinated with the budget process and consistent with the long-term fiscal projections.



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