Personal Services accounted for 6. Percent of GDP during 1986-2005 (simple average) it also accounted for 38. Percent of total revenues net of privatization proceeds during the period under consideration. The national government, if it grants a salary increase, will be faced with a decision to either raise the deficit or cut other non-interest expenditures.
Original Description:
Original Title
Personal Services Profile of the National Government Philippines)
Personal Services accounted for 6. Percent of GDP during 1986-2005 (simple average) it also accounted for 38. Percent of total revenues net of privatization proceeds during the period under …