The Department of Finance (DOF) has urged the Senate to help guarantee the Philippines’ "strong economic rebound" from the lingering pandemic by swiftly approving the Duterte administration’s remaining economic reform measures. Finance Secretary Carlos G. Dominguez Finance Secretary Carlos G....
The Department of Finance (DOF) is lukewarm to pending proposals in Congress seeking for the creation of new government departments. DOF Building in Manila Finance Secretary Carlos G. Dominguez III, the government’s chief economic manager, explained that such proposals run counter to a global...
Struggling flag-carrier Philippine Airlines (PAL) will not get any financial help from government financial institutions anytime soon, the Department of Finance (DOF) said Thursday, Sept. 9. During the virtual Senate briefing, Finance Secretary Carlos G. Dominguez III said that government-owned...
Ombudsman Samuel Martires wants to open to the public the Statement of Assets, Liabilities and Networth submitted by all government officials and personnel, including that of the president, to ensure transparency. Ombudsman Samuel Martires But Martires’ proposal to amend Republic Act 6713 or the...
The Philippine Health Insurance Corp., commonly known as PhilHealth, needs a long-term plan to fix the agency’s serious systemic problem, the Department of Finance (DOF) said. PhilHealth During a virtual Senate hearing on Wednesday, Sept. 8, Finance Secretary Carlos G. Dominguez III told...
President Duterte’s chief economic manager said the government needs a new approach to rein in coronavirus cases and revive the economy as lockdown orders no longer provide benefits to the country. Finance Secretary Carlos G. Dominguez III said the Inter-Agency Task Force (IATF), the government's...
The Department of Finance (DOF) said that careful balance between the need of economic concerns and the health requirements of COVID-19 will drive the Philippines back to its pre-pandemic path of rapid economic growth. Finance Sec. Carlos Dominguez III During the virtual Philippine economic...
House Deputy Minority leader and Bayan Muna Rep..Carlos Isagani Zarate on Tuesday, Sept. 7 chided the Philippine National Police for withdrawing its policy for mandatory inclusion in inquest proceedings of police personnel involved in killings during anti-crime operations. Gun Zarate said PNP chief...
The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ credit rating, but it expects a slow pace economic recovery this year due to the rapidly spreading Delta variant. Japan Credit Rating In a statement, JCR said Monday, Sept. 6, that it maintained the credit rating for the...
President Duterte’s chief economic manager bucked the legislative proposals seeking to set a statutory debt limit and create the government’s committee in charge of fiscal discipline. Finance Secretary Carlos G. Dominguez During the House ways and means committee hearing on Monday, Sept.6,...
House Deputy Minority leader Carlos Isagani Zarate on Monday, September 4, scored the Bureau of Fire Protection (BFP) and the Department of the Interior and Local Government (DILG) for still having more than P4.1 billion worth of funds “parked” at the Philippine International Trading...
The Commission on Audit’s admission of experiencing difficulty in auditing confidential and intelligence funds disbursements has made it necessary for Congress to pass the bill creating a joint congressional oversight body to examine multi-billion peso allocations for the said program. Malacanang...
