Insufficient infrastructure has been a major constraint to economic growth and poverty reduction in the Phlippines. To improve the situation. a gradual increase in infrastructure investments is needed, from the current figure of less than 3% of gross domestic product to at least 5%. The effective of infrastructure spending should also be significantly increased.Philippines Meeting Infrastructure Challenges was produced by THe World Bank, working closely with the government of the Phlippines and wide range of other stakeholders. The document provides an integrated assessment of the power, water supply and sanitation, roads, and, communications sector, as well as a diagnosis of the key cross-sectoral issues. It proposes an overall way forward and priority actions for infrastructure development in th ePhulippines, along with specific recomendations for each of the four sector covered.
Post Date : 09 Oktober 2006
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