Seven former secretaries of the Department of Finance (DOF) have expressed their support for utilizing excess funds from government-owned or controlled corporations (GOCCs) to finance important government projects. In a joint statement on Tuesday, Aug. 27, the former DOF chiefs said that...
Removing the foreign investment restrictions in the 1987 Constitution will prevent future judicial and regulatory challenges and will reduce uncertainty among multinational companies, a former finance secretary said. Margarito B. Teves, a finance secretary under former president Gloria Macapagal...
Removing the restrictive economic provisions in the Constitution would help alleviate inflation and enhance real wages for Filipino workers, according to a former finance chief. As concerns about workers' compensation and job availability top the list of priorities for Filipinos, former Finance...
Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves (MANILA BULLETIN) Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves has joined a long list of experts who expressed support to amending the supposed restrictive...
A former finance chief said that the Philippines stands alone in the Asian region with Constitutional restrictions on foreign ownership, emphasizing the need to ease these restrictive economic provisions. Former Finance Secretary Margarito B. Teves said the Philippines trails behind its Southeast...