July 31, 2005
Countrys fiscal flexibility limited by narrow tax base (Manila Bulletin)
Standard & Poor s Ratings Services, one of the world s leading provider of fund and credit rating information, said the Philippines impaired fiscal flexibility because of its narrow tax base continues to limit its creditworthiness and doubts of the government s ability to reduce its high level of debt remains.
Cat: | Time: 9:36 am (UTC+8)

