The most important factor in ultimately achieving a federal government budget that balances over the business cycle and maintains that fiscal discipline over time is the will of the political system to make the necessary hard choices on government spending and taxes.
With this in mind, we have embarked on two initiatives designed to bridge the information gap – the national demand side survey on MSME finance and the strategic partnership with the Department of Trade and Industry (DTI), Microfinance Council of the Philippines, Inc. (MCPI), and Alliance of Philippine Partners for Enterprise Development, Inc. (APPEND) to expand the Negosyo Center financing ecosystem.