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Fiscal Decentralization in The Philippines

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United Nations Human Settlements Programme (UN-HABITAT)
1K views56 pages
This report examines the fiscal decentralization experience in Philippines. Since 1991, the central government has devolved significant spending, taxing, and borrowing powers to local governments. This paper discusses fiscal decentralization in the Philippines. It reviews the tax regimes in view of the vertical and horizontal fiscal gaps. Local governments receive intergovernmental fiscal transfer or block grants called the ‘internal revenue allotment’ based on a formula that has population, land size and equal sharing as criteria. In contrast, performance-based grants seem to open pathways for instilling greater accountability on the part of local governments. To make financing more accessible and competitive to local governments, it demonstrates the need to pursue further reforms in credit markets.

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Fiscal Decentralization in the Philippines

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1K views56 pages

Fiscal Decentralization in The Philippines

Original Title:

Fiscal Decentralization in the Philippines

Uploaded by

United Nations Human Settlements Programme (UN-HABITAT)
This report examines the fiscal decentralization experience in Philippines. Since 1991, the central government has devolved significant spending, taxing, and borrowing powers to local govern…
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