Tag page - DBCC

The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development...

The inter-agency Development Budget Coordination Committee (DBCC) expects deeper economic contraction this year due to community quarantine measures amid the COVID-19 crisis. Following the DBCC’s meeting late Thursday, the economic managers adjusted its gross domestic product (GDP) assumption for...

The Department of Finance (DOF) sees the light at the end of the tunnel as the Senate is seen to pass the corporate recovery and tax incentives for enterprises (CREATE) bill before the Congress takes its traditional Christmas break in December. In a statement, Finance Secretary Carlos G. Dominguez...