Dr dante b canlas economist intelligence
Canlas and Jandoc [in this volume] explore a transition away from coal through the fossil fuel of natural gas.
A professor at the UP School of Economics, he earned his B.S. Mathematics, and M.A. & Ph.D..
Experts cite risks in DOF no-new-taxes stand
THERE can be no doubt about the capability of efficient tax collection in raising revenues, but in the Philippines, local economists said this could mean growth-hurting austerity measures and mounting debts while the government tries to make tax collection more efficient.
Former National Economic and Development Authority (Neda) Secretary Dante B.
Canlas told BusinessMirror that tax collection efficiency needs to be enhanced and that can help shore up revenues.
Canlas said attaining a deficit-to-GDP ratio of 3 percent and a public debt-to-GDP ratio of below 60 percent by 2028 would require slower government spending.
“If, as announced by DOF [Department of Finance] Secretary [Ralph] Recto, new taxes are ruled out, then in order to stand a chance of achieving the 2028 fiscal targets, government spending must slow down while protecting core Filipino values in health, education, national security, and infrastructure,” Canlas said.
“The