The Department of Finance (DOF) is optimistic that the government will be able to exceed its full-year revenue target by generating around P1 trillion in the final three months of the year. Finance Secretary Benjamin E. Diokno said he expects the national government's total revenue collection for...
The Department of Finance (DOF) has stated that the Philippine economy's macroeconomic fundamentals are strong, setting the stage for a solid start to 2024. Finance Secretary Benjamin E. Diokno said the country has maintained strong economic performance this year, despite facing difficulties in the...
The training of teachers for the MATATAG K to 10 curriculum has received an allocation of P1.5 billion, which the Senate Committee on Finance accepted upon the recommendation of Senator Sherwin Gatchalian. (Photo from the Office of Senator Sherwin Gatchalian) Under the Senate finance panel’s...
The Philippines has been formally inducted into the Board of Vulnerable 20 Group of Finance Ministers (V20) - Group of Seven (G7) Global Shield Against Climate Risks, marking a pivotal step towards bolstering the nation's resilience against climate-related challenges. The Department of Finance...
The Department of Finance (DOF) has announced its readiness to expedite local government units' (LGUs) access to climate financing through efficient resource mobilization and increased private sector participation. In a statement, Finance Secretary Benjamin E. Diokno expressed the readiness of the...
President Marcos’ chief economic manager has expressed “full confidence” that the Philippine economy remains firmly on the path to recovery and progress despite growing below target. Finance Secretary Benjamin E. Diokno said the country’s first three-quarter gross domestic product (GDP)...
The Philippines will benefit from the new credit line approved by the World Bank that aims to minimize the impact of major natural disasters and health crises on the domestic economy, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said the $500-million standby credit...
The country’s first-ever tokenized treasury bonds (TTBs) will promote financial inclusion and broader participation in the bond market, Department of Finance Secretary Benjamin E. Diokno said on Monday, Nov. 20. During the Bureau of the Treasury’s (BTr) 126th anniversary, Diokno commended the...
The Bureau of Customs (BOC) has made significant advancements under the leadership of Finance Secretary Benjamin E. Diokno, as it intensifies efforts to combat illicit trade and enhance trade facilitation and border control. Diokno emphasized the critical importance of curbing illicit trade, citing...
The Department of Finance (DOF) vowed to help the private sector create an inclusive and sustainable business environment in the Philippines. During the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) meeting, Finance Secretary Benjamin E. Diokno recognized the vital...
The Senate Committee on Finance has agreed to channel more funds for the implementation of the Functional Literacy, Education, and Mass Media Survey (FLEMMS). FLEMMS is a nationwide household-based survey that gathers information on basic and functional literacy rates, and educational skills...
President Marcos and his cabinet secretaries came in full force in promoting the Philippines as an attractive investment destination to the United States business community during the Philippine Economic Briefing (PEB) in San Francisco. Finance Secretary Benjamin E. Diokno, who leads the Marcos,...
