Finance Secretary Benjamin E. Diokno met with World Bank Group President David Malpass to discuss the Philippines’ ongoing loan portfolio and seek support for the Marcos administration’s comprehensive eight-point socioeconomic agenda. On the sidelines of the 2022 Annual Meetings of the...
The Department of Finance (DOF) expects demand for real estate services will continue to pick up now that the economy has reopened and employees are reporting back to the office. In a statement, Finance Secretary Benjamin E. Diokno said he is confident that real estate services, such as rentals,...
The Office of the Press Secretary (OPS) said that it will be implementing programs to combat the spread of fake news in the country after recognizing that the circulation of erroneous content is a problem that must be resolved. Office of the Press Secretary officer-in-charge Undersecretary Cheloy...
The Department of Finance (DOF) is luring the private sector to invest in the country particularly with the revised implementing rules and regulations of the Build-Operate-Transfer (BOT) law. At the 54th Annual Conference of the Financial Executives Institute of the Philippines (FINEX), Finance...
The Department of Budget and Management (DBM) raised the allocated funding for the buffer stocking program of the National Food Authority (NFA) in a bid to ensure sufficient supply of the staple food in times of crisis. In a statement, Budget Secretary Amenah F. Pangandaman said on Tuesday, Oct....
The Senate finance sub-committee on Monday, Oct. 10, 2022, lamented the sorry state of the government’s broadcast stations that had been operating on a shoe-string budgets through the years. This as Senator Joseph Victor ‘’JV’’ Ejercito, committee chairman, vowed to help the Office of the...
As the public awaits the announcement as to who would the next press secretary be, Malacañang confirmed that Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Cheloy Velicaria-Garafil is now the officer-in-charge (OIC) of the Office of the Press Secretary (OPS). Office of...
Over 1.6 million health workers in public and private institutions would soon receive their One Covid-19 Allowance (OCA) following the approval by the Department of Budget and Management (DBM) on Wednesday, Oct. 5. Budget Secretary Amenah F. Pangandaman said the DBM approved the release of P11.5...
The country’s improving economic condition amid easing quarantine restrictions would enable the Social Security System (SSS) to generate higher earnings from investments, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said the pension fund for the private sector...
Eligible public and private health workers involved in pandemic health care response will soon get their unpaid special risk allowance (SRA), the Department of Budget and Management (DBM) announced. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved last Oct. 3 the release...
The Department of Finance (DOF) vowed to modernize the government’s main tax agencies following the swift approval of its proposed budget for next year. In a statement, Finance Secretary Benjamin E. Diokno said on Monday, Oct. 3, that the DOF is planning to spend P30.57 billion in 2023, higher by...
The Department of Finance (DOF) renewed an agreement allowing the Marcos administration to access South Korea’s official development assistance (ODA) under its Economic Development Cooperation Fund (EDCF) for the government’s infrastructure program. DOF said in a statement that Finance...
