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IMF calls for higher taxes, more cuts in fiscal perks
By: Maricel E. Burgonio | Manila Times
4 April 2008 | 8:51 AM
The International Monetary Fund (IMF) has called on the Philippines to raise tax rates to fund the government’s medium-term infrastructure plan, sustain the country’s economic growth, and stem the departure of skilled Filipinos.
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| Market Summary |
| Indices |
Last |
Change |
Percent |
| PSEi |
2,779.42
|
18.80 |
0.68 |
| All Shares |
1,732.77
|
9.09 |
0.53 |
| Dow Jones |
12,745.88
|
120.90 |
0.94 |
| NASDAQ |
2,445.52
|
5.72 |
0.23 |
|
| As of 5/9/2008 - 12:11 PM |
|
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|
|
|
|
| Treasury Bill Rates |
| Tenor = Days |
Current |
Previous |
Change |
| 91 |
3.673 |
3.673 |
0.000 |
| 182 |
4.675 |
4.675 |
0.000 |
| 364 |
6.986 |
5.993 |
0.993 |
|
| As of 04/29/2008 9:00 AM |
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