The Civil Aviation Authority of the Philippines (CAAP) has handed over P21.127 billion in remittances to the National Treasury from 2017 to 2020--a huge uptick when compared to its fiscal output in the years before the Duterte administration. CAAP Director General Jim Sydiongco (Screengrab from...
In a virtual economic briefing to mark the 75th anniversary of the post-war bilateral relations between the Philippines and the United States, Finance Secretary Carlos Dominguez delivered his message right off the bat: “This pandemic is a test of fiscal stamina and it was fortunate that when it...
The Philippines remains in a strong fiscal position to meet the financial challenges posed by the coronavirus pandemic and ride out the global economic crisis, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said the government has the financial muscles to reboot the...