Foundation Sponsors Public Fora on Reform
|From left: FNF's Resident Representative
Dr. Ronald Meinardus with FEF Chairman Dr. Felipe Medalla,
UP School of Economics Professor Emmanuel De Dios and FEF
President Professor Alex Magno.
The Friedrich Naumann Foundation co-sponsored public dialogues
on reform policies in two different yet equally pressing areas
— the fiscal situation and the state of the environment.
First, Finance Secretary Cesar Purisima outlined his policies
at a well attended conference entitled “Fiscal Crisis:
Are we in or out?” organized by the Foundation
for Economic Freedom (FEF) on February 23, 2005 in Makati City.
The newly appointed secretary presented a threefold strategy
to prevent a pending fiscal crisis: reforming the tax
enforcement structure, creating additional taxes — VAT and
excise tax — and privatizing government owned companies.
“My first agenda is collection, collection, collection …
and privatization is going to be a key part of the program,”
said Purisima who welcomed the opportunity to engage in a public
dialogue with important stakeholders.
The conference with Secretary Purisima was the first in a series
of public forums that will highlight the different reform initiatives
currently underway in the Philippines.