01584cas a2200241 a 4500 AALejournalIMF003246 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451831320 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Philippines : Report for the July 2004 Post-Program Monitoring Discussions. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (55 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper focuses on 2004 Post Program Monitoring Discussions for the Philippines. The authorities are formulating a significant package of tax measures. IMF staff argued that the bulk of the additional revenues should be saved, thereby front-loading the medium-term deficit reduction effort. Such a strategy would boost market confidence and exploit the likely greater potential to enact tax measures at the beginning of the new administration's term. The authorities are now also considering the power sector reforms. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/317 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/317/002.2004.issue-317-en.xml IMF e-Library