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Budgetary innovation in the New Society /

By: Laya, Jaime C.
Series: Vol. 4 No. 2 Second Sem 1977.Description: p.127-146.Subject(s): Budgetary policy - Philippines | Budget | Budget - Philippines | PIDS JPD 1977 In: Journal of Philippine DevelopmentSummary: The attainment of national objectives and the implementation of government plans depend to a great extent on the efficiency of a budget process that is sensitive to program needs. The level of revenues, expenditures and borrowings affects not only the operation of government itself, but more importantly, the level of economic activity, employment and income, price levels and balance of payments, and the very speed of national progress. The past shortcomings of the budget process were in fact among the urgent concerns at the inception of the New Society
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The attainment of national objectives and the implementation of government plans depend to a great extent on the efficiency of a budget process that is sensitive to program needs. The level of revenues, expenditures and borrowings affects not only the operation of government itself, but more importantly, the level of economic activity, employment and income, price levels and balance of payments, and the very speed of national progress. The past shortcomings of the budget process were in fact among the urgent concerns at the inception of the New Society

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