This Public Expenditure Review (PER) aims to provide information, analysis and guidance to support the Philippines in this important endeavor. Its primary target audience is the incoming government and, especially, its economic and social policy teams.
The report aims to be overarching, but not comprehensive, focusing on the impact of government revenues and expenditures on development outcomes.
A key finding of this PER is that shortfalls in the size of public spending generally appear to be more important than shortfalls in the quality or efficiency of public spending in explaining these performance gaps. The health sector exhibits a similarly close relationship between public expenditures and sector outcomes. Sustainable reform of tax policies and tax administration will require a firm commitment at the highest political level and sound strategic management at the bureaucratic level.
