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?
6 answers
Matteo
Tue Nov 19 2024
The "one-fund" concept represents a significant fiscal policy directive.
Alessandra
Tue Nov 19 2024
This directive originates from PD 1177, a pivotal piece of legislation.
Michele
Mon Nov 18 2024
According to PD 1177, all governmental income and revenues must be consolidated.
Leonardo
Mon Nov 18 2024
The consolidation happens within the General Fund.
Elena
Mon Nov 18 2024
The General Fund serves as a centralized repository for all public funds.