tax-to-GDP ratio

The Asian Development Bank (ADB) has approved a US$400 million loan to help the Philippines achieve its medium-term fiscal strategy and finance its post-pandemic economic recovery through a stronger focus on revenue mobilization, including modernizing tax administration, systems, and processes. IMAGE CREDIT: https://www.eco-business.com/ The Domestic Resource Mobilization (DRM) Program Subprogram 1 is ADB’s first policy-based […]