The Department of Finance (DOF) said that most private sector institutions have overshot their September inflation forecasts, noting that analysts appeared to have expected the worst last month. In a statement, the DOF said on Monday, Oct. 11, that analysts from the private sector had a median...
More than half of the initial list of tax-delinquent social media influencers have yet to begin the sign-up process with the Bureau of the Internal Revenue (BIR) despite crackdown, the Department of Finance (DOF) said. Finance Assistant Secretary Dakila Elteen M. Napao said late Friday, Oct. 8,...
Senator Sonny Angara on Sunday said it is high time that the government prioritizes programs that would enable residents of Marawi City to rebuild their homes after being displaced by the five-month long armed conflict in 2017. Angara noted it has been four years since the Marawi City siege...
The Federation of Free Farmers (FFF) supports the proposed transfer of the National Irrigation Authority (NIA) from the Office of the President (OP) to the Department of Agriculture (DA). “It is very clear and logical that NIA should be under the DA, since all its activities are directly aimed at...
The government on Friday, Oct. 8, listed its first onshore retail dollar bonds (RDBs) in the Philippine Dealing and Exchange Corp. (PDEX), bringing closer to fulfilling its twin goals of deepening the domestic capital markets and broadening financial inclusion. During the listing, Finance Secretary...
The trade activity in the Philippines is continuing to show recovery, the Department of Finance (DOF) said, but the government should still continue to be vigilant with the prevalence of the highly transmissible Delta variant. In his latest DOF economic bulletin, Finance Undersecretary and Chief...
It has been five years since the Department of Agriculture (DA) proposed to take back the jurisdiction over the National Irrigation Administration (NIA), and the agency is finally getting the support it needs from other government agencies, thanks to the fact that it no longer has the same Cabinet...
The Duterte administration is negotiating with the country’s development partners to fund the procurement of booster doses for the coronavirus vaccination next year, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on late Tuesday, Oct. 5, that the government...
The national government is looking at including additional programs in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) under the proposed 2023 national budget, the Department of Finance (DOF) said. During a recent Intergovernmental Relations Body (IGRB) meeting, key officials of the...
The Bureau of Customs has donated mobile phones, laptops, educational materials and other seized goods to the Department of Education (DepEd) and other government agencies. Bureau of Customs (Photo from BOC Port of NAIA Facebook page) In a report to Finance Secretary Carlos G. Dominguez III,...
The Department of Finance (DOF) has asked the management of the state-run Philippine Crop Insurance Corp. (PCIC) to submit the detailed financial status and computation of its contingent liabilities. PCIC Chairman Carlos Dominguez In a statement, Finance Secretary Carlos G. Dominguez III said he...
Small investors who were looking for a low-risk, accessible and higher-yielding investment swamped the government’s first onshore issue of retail dollar bonds, the Bureau of the Treasury announced. Based on a report submitted by National Treasurer Rosalia V. de Leon to Finance Secretary Carlos G....
