The National Economic and Development Authority (NEDA) vowed to create a more enabling regulatory and investment climate that supports businesses in the country as the private sector plays a critical role in boosting job creation and reducing poverty. In his remarks at the US-ASEAN Business Council...
The Philippines is far from falling into a recession anytime soon, the Department of Budget and Management (DBM) said. In a statement on Friday, Oct. 28, Budget Secretary Amenah F. Pangandaman allayed recession fears, noting this scenario may not be imminent in the country. “I think we're far...
The Department of Finance (DOF) challenged local government units (LGUs) to keep up with their target to digitalize government processes and services. “We are challenging LGUs to keep up and digitalize their own processes and services. encourage our local governments to implement digital...
The National Economic and Development Authority (NEDA) said policies against climate change will have a pivotal role in upcoming development plans as these are much needed to achieve inclusive economic growth for the country. In a statement on Thursday, Oct. 27, Socioeconomic Secretary Arsenio M....
President Ferdinand "Bongbong" Marcos Jr. has met the Department of Human Settlements and Urban Development (DHSUD), government financial institutions (GFIs), and the country's top banks to discuss the government's plans regarding disaster management. Malacañang photo According to the Office of...
The Department of Budget and Management (DBM) has vowed support to environmental protection to achieve the country’s economic sustainability. During the opening ceremony of the National Marine Pollution Exercise (MARPOLEX) 2022 on Wednesday, Oct. 26, Budget Secretary Amenah F. Pangandaman...
The Department of Finance (DOF) urged local government units (LGUs) to strengthen their revenue mobilization capacities through real property tax collections in order to support the country’s economic resurgence. During the Bureau of Local Government Finance (BLGF) anniversary seminar on Tuesday,...
The Department of Budget and Management (DBM), along with the Government Procurement Policy Board (GPPB), in partnership with the United Nations Office on Drugs and Crime, will pilot test use of the revised procurement reports. In a statement, Budget Secretary Amenah F. Pangandaman said the pilot...
The Bureau of Internal Revenue (BIR) will look into the tax compliance of Filipino celebrities that were among the highest-earning personalities on Instagram. Finance Secretary Benjamin E. Diokno said the tax authorities have eyes set on the so-called Instagram Rich List 2022 compiled by...
The government is committed to boost the growth of the Information Technology and Business Process Management (IT-BPM) industry, the Department of Finance (DOF) said. At the recent Contact Center Association conference, Finance Secretary Benjamin E. Diokno said the government will build an enabling...
Malacañang is not calling the shots on monetary policy, the Department of Finance (DOF) said as it defended the independence of the Bangko Sentral ng Pilipinas from politics. Finance Secretary Benjamin E. Diokno said the Bangko Sentral ng Pilipinas (BSP) will continue to preserve its independence...
Digitalization lures more taxpayers, efficiency—Diokno By Chino S. Leyco The government’s two main tax agencies’ transition to digital payment systems has increased the number of taxpayers and improved their tax administration efficiency, the Department of Finance (DOF) said. Finance...
