Philippines' Fiscal Plan to Focus on Tax Administration, Diokno Says

Philippines' Fiscal Plan to Focus on Tax Administration, Diokno Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the depreciation of the Philippine peso and its impact on the economy, including effects on exports and imports. It covers monetary policy divergence from the US Federal Reserve and the importance of real interest rates. The discussion shifts to the Philippines' debt levels, fiscal space, and credit ratings post-pandemic. Economic growth forecasts are analyzed, with strategies to address inflation. Finally, the fiscal consolidation plan is outlined, focusing on tax administration and public-private partnerships.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a depreciated peso for oil importing countries?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the depreciation of the peso affect Filipino exporters and consumers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of allowing the peso to determine its own level?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Philippines' debt to GDP ratio compare to other countries post-pandemic?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected economic growth rates for the Philippines in the coming years?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being considered to address the fiscal challenges faced by the Philippines?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the public-private partnership play in the Philippines' economic strategy?

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