INQUIRER - Speed up reforms, World Bank tells PH-High power rates and limited access to financing for small enterprises are among the structural problems that the Philippine government should address so that economic growth can translate into poverty reduction, the World Bank said on Monday. Karl Kendrick Chua enumerated other impediments to poverty reduction-unpredictable regulations, uneven playing field for businesses in terms of taxation, high cost of and a tedious process in starting a business, and limited access to education and skills training.
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