Let me begin by addressing some fundamental questions which might be asked in this context: Why did the ECB decide to produce such a set of indicators? What is the purpose of this publication? The ECB seeks to foster further integration in European financial markets in various ways and through a number of initiatives for the following reasons.
The other proposed tax reforms are those related to (i) real property valuation, (ii) passive income and financial intermediaries, and (iii) mining regime, among others. Innovation is high in the Philippines’ “New Economy” agenda.