Local Government Finance in the Philippines. Milwida M. Guevara Synergeia www.synergeia.org.ph. The Philippines. 2,100 islands 76.5 million people in 2000; 2.4 per cent growth annually (88.7 million by July 2007) 38 percent urban estimated to increase to 82 percent in 2020.
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Local Government Finance in the Philippines
Milwida M. Guevara
in 2000; 2.4 per cent growth annually (88.7 million by July 2007)
LGU revenues do not match their expenditures.
* Special Purpose Vehicles
* Bond financing
* Credit rating for LGUs
* Local Government Guarantee Corporation
* Municipal/City Banks?