A series of meetings with the International Monetary Fund (IMF) Mission on Government Finance Statistics (GFS) were held at the DOF on July 11-13, 2012. The consecutive meetings aimed to enhance fiscal reporting in the public sector by getting background information from relevant data generating agencies
Read MoreA review conducted by the International Monetary Fund (IMF) of the Philippines’ fiscal regime for mining observed that “one indication of low contribution of the mining sector to government revenue is that mining sector’s payments to government as a share of total taxes is less than the mining sector’s share of GDPâ€.
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