The Philippines remains far from stagflation despite high inflation and sluggish economic growth, members of the Marcos Jr. administration’s economic team said, pushing back against Monetary Board Member (MBM) Benjamin E. Diokno’s characterization of the current situation as “stagflation...
Former Finance Secretary Benjamin E. Diokno warned that the proposed ₱7.2-trillion national budget for 2027 will be exceptionally tight, constraining government flexibility as economic growth slows and borrowing costs escalate. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Aug. 12,...
The central bank has warned the public against fraudulent online schemes that illegally use the identity of Monetary Board Member Benjamin E. Diokno to solicit donations for fake charitable causes. The Bangko Sentral ng Pilipinas (BSP) reported that unauthorized individuals and syndicates have...
ILOILO CITY — The Bangko Sentral ng Pilipinas (BSP) recognized its 10 outstanding stakeholders in the Visayas. BSP Monetary Board Member Benjamin “Ben” Diokno and Deputy Gov. Bernadette Romulo-Puyat led the 2025 Outstanding BSP Stakeholders appreciation ceremony for the Visayas in Iloilo City...
President Marcos revealed that he had brought Benjamin Diokno to the Bangko Sentral ng Pilipinas (BSP) as he thanked him for his service as former secretary of the Department of Finance (DOF). Marcos said this as he officially announced that former senator Ralph Recto would take over the DOF on...
President Marcos bared that he offered outgoing Finance Secretary Benjamin Diokno a seat in the Maharlika Investment Fund but the latter begged off. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In a Palace briefing on Friday, Jan. 12, where Marcos formally introduced new Finance Chief...
The Bankers Association of the Philippines welcomed the appointment of Rep. Ralph Recto as Secretary of the Department of Finance while thanking former Finance chief Benjamin Diokno for his years of government service. In a statement, BAP said “Secretary Recto is equipped with the necessary...
The Maharlika Investment Corp. (MIC) is gaining momentum, as its board has given the green light to the fund's capitalization scheme, the appointment of key management committee heads, and the selection of an interim fund manager. The Department of Finance (DOF) announced that the MIC Board,...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto (Facebook) House Deputy Speaker Batangas 6th district Rep. Ralph Recto says he has "no idea" about his rumored appointment as the next Department of Finance (DOF) secretary. Recto...
The Philippines' employment situation is "very bright," a Cabinet official said. (Photo courtesy of PCO) Finance Secretary Benjamin Diokno said Filipinos are in a better position to weather inflation citing the lower unemployment rate in the country, which he labeled as very bright. “Iyong...
Department of Finance (DOF) Secretary Benjamin Diokno is asking local government units (LGUs) to speed up their spending given their budget surplus because of the lack of investments. President Ferdinand Marcos Jr. (2nd right) presides over a sectoral meeting in Malacañang on Tuesday, Nov....
Metropolitan Bank & Trust Co. (Metrobank) has been recognized by the Bureau of the Treasury (BTr) as among the 10 Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024. In a statement, the bank said it brings home the title for the third consecutive year in...
