Cryptocurrency Q&A What is the one fund concept in the Philippines?

What is the one fund concept in the Philippines?

DongdaemunTrendsetterStyleIconTrend DongdaemunTrendsetterStyleIconTrend Sun Nov 17 2024 | 6 answers 1114
I'm interested in understanding the 'one fund concept' that is specific to the financial or investment landscape of the Philippines. Could you explain what it entails? What is the one fund concept in the Philippines?

6 answers

Matteo Matteo Tue Nov 19 2024
The "one-fund" concept represents a significant fiscal policy directive.

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Alessandra Alessandra Tue Nov 19 2024
This directive originates from PD 1177, a pivotal piece of legislation.

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Michele Michele Mon Nov 18 2024
According to PD 1177, all governmental income and revenues must be consolidated.

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Leonardo Leonardo Mon Nov 18 2024
The consolidation happens within the General Fund.

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Elena Elena Mon Nov 18 2024
The General Fund serves as a centralized repository for all public funds.

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