Curbing the rate of growth of current expenditure is part of this strategy; the recoupment of tax bases is necessary in order to reduce the benefits accruing to tax evasion and avoidance. There is ample scope for increasing the efficiency of the public sector. Major advantages can come from further administrative simplification and a drastic reduction in authorization procedures.
With the use of QR technology, small merchants are presented with a simpler and more affordable payment facility as compared to costly point of sale terminals. We are also looking forward to the full implementation of our digital ID – the Philippine ID System or Philsys. More than 11 million Filipinos have completed the registration of their demographic and biometric data.