The Department of Finance (DOF) has welcomed the recent progress in consolidating legal frameworks for public-private partnership (PPP) projects. In a statement, Finance Secretary Benjamin E. Diokno said the enactment of Senate Bill No. 2233, also known as the PPP Act, would facilitate trade,...
The Department of Finance (DOF) reported that the Marcos administration's overseas roadshows have led to investment pledges exceeding P2 trillion. In a statement, the DOF said the government has secured a total of P2.2 trillion in investment commitments from various countries following the...
The Department of Finance (DOF) has assured that the Marcos administration will carefully balance the interests of consumers and farmers on the proposed reduction in rice import tariffs. Finance Secretary Benjamin E. Diokno said discussions are currently underway at the highest level within the...
The Department of Finance (DOF) has reported that the government’s recent changes to its corporate tax system have attracted $16.7 billion in investments. At the Philippine Economic Briefing in Dubai, Finance Secretary Benjamin E. Diokno said these investments include 45 major projects and 740...
The government met with several potential investors in Doha, Qatar to discuss the country’s economic policies and projects. The Philippine economic team, led by Finance Secretary Benjamin E. Diokno held its first investor briefing in the Middle East with Philippine Dialogue: Economic Outlook and...
Finance Secretary Benjamin Diokno has issued a call for responsible social media use among government officials and employees, highlighting the potential consequences of hasty online posts. Speaking from his experiences serving in multiple administrations, Diokno emphasized the importance of...
The Department of Finance (DOF) said the government has requested tollway concessionaires and operators to waive the toll fee increase for trucks carrying agricultural goods. Finance Secretary Benjamin E. Diokno said that exempting trucks is one of the government's steps to address the high costs...
The government will return unused loans from the World Bank and Asian Development Bank (ADB) that were intended for purchasing Covid-19 vaccines, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said during the Chat with SBED briefing last Friday that the World Bank has...
The Department of Finance (DOF) reported that the Official Development Agriculture Sector (ODA) played a vital role in funding agricultural programs and projects during President Ferdinand Marcos Jr.'s first year in office. In a statement on Saturday, Sept. 9, Finance Secretary Benjamin E. Diokno...
The government will continue to attract job-generating investments as the unemployment rate shrunk to 4.8 percent in July, the Department of Finance (DOF) said. In a statement, Finance Secretary Benjamin E. Diokno said the government will maintain a sound macroeconomic environment and pursue...
Senator Risa Hontiveros on Wednesday, September 6, criticized Finance Secretary Benjamin Diokno’s for pushing for a national competitive examination among students who wish to qualify for college tuition subsidy instead of supporting the Universal Access to Quality Tertiary...
Finance Secretary Benjamin E. Diokno's recent statement regarding the need to review the Universal Access to Quality Tertiary Education (UAQTE) gained mixed reactions from lawmakers. Sen. Juan Edgardo "Sonny" Angara believes that the review should be made from the perspective of making richer...