Philippines - Selected issues in public resource management (Vol. 1 of 2) : Main report

Repi Not G66-PH' The PhilippinesPbIesAceMngmt 'Selected Issues in,,Pb ResweMngmn (in Two Volumes) Volum'e I: Main Report April 13, 1908 Country Department II Asia Rion FOR OFFICIAL USE ONLY 0~ Thi0reo, ha - sitddsduinAdmyb sdbtdins only in the performance of dWif official duties. its contents may not-oth"se bc;dscloed wthou '-2iB_p 0 utho'zationS  0 - 1./ 'l~~~~~~~~~~~~~~~~' CURRENCY EQUIVALENTS Year Pesos Per US Dollar 1983 11.1' 1984 16*7 1985 18.6 1986 20.4 1987 20.6 WEIGHTS AND MEASURES ,1 ounce troyC(os) i 31.1 gram ,' 1 kilogram (kg) 32.1 os troy 1 kilogram (kg) 3 2.205 pounds 1 ton (t) 1',000 kilograms 1 megawatt (MW) i,000 kilowatts 1 cubic'meter (m3) 1.308 cubic yards ACRONYMS, BUTEL - Bureau of Telecommunications DBM - Department of Budget and Management DECS - Department of Education, Culture and Sports DLG - Department of Local Government DOTC - Department of Tratisport and Communications DOH - Department of Health DPWH' - Department of Public Works and Housing GFI , - Government Financial Institutions GCMCC - Government Corporate Monitoring and Coordinating Committee LRTA - Light Rail Transit Authority / LWUA - Local Water Utilities Administration MTDP - Medium-Term Development Plan MTPI - Medium-Term Public Investment Program MWSS - Metropolitan Waterworks and Sewerage System NEA - National Electrification Administration NEDA - National Economic Develcpment Authority NIA - National Irrigation Administration NSA - National Housing Authority NPC - National Power Corporation NTC - National Telecommunications Commission PLDT - Philippine Long Distance Telephone Company PNOC - Philippine National Oil Company PN - Philippine National Railways PPA - Philippine Ports Authority RWDC - Rural Waterworks Development Corporation  toi omcI4 urnU ONLV . ~ ~ ~ - 9 *~~~~~~~~~~~~~~~ / PREFACE The report is based on the findings of a Special Economic Mission that visited the Philippines in March 1987 consisting of G. Segerlund (Mission Chief/Plan Framework), 1. Guerrero (CXDP), R. SikkU (CEDP, Comdiiutan't), R*L Deen (PHUl) I.R Prosser (Edi~cation), K . de Lucia (Pricing and "C'ost Recovery of Public Corporations, Consuftant) and M. MuAkherjee (Pricing and Co~st Recovery- of piublic Corporations). lkA additiQn ,'the followring stiff p'rovidee' sectoriVe ontributions at headquarters$ 'S. LUtz '(A&riculturi)v-I. German (Irrigatioh), L. Nordin (Transportation), H. Razavi, is Sopher (Power), $ Van Vugt (Water), A. K. Ka4hotra (Energy), P. Dyson (Coal), EI. Lantske (Telecom- munications), D. Haldans (Housing), V. Paquso (Pil), and Z., Drabek (Gqneral *conomics). The-rep'ort was prepated under the general'direction-of Norman Hicks, principal economist for the Philippines. . . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~- 9 This document h i as atucted dbuton and may be und by cpleui only the deo i!sse of Pubi