Finance Secretary Benjamin E. Diokno asked the private sector to support the Marcos administration’s economic plan anchored in bringing the Philippines at par with its high-flying Southeast Asian neighbors. At the 48th Philippine Business Conference and Expo on Wednesday, Oct. 19, Diokno...
The Department of Finance (DOF) has assured US investors that the Philippine government is employing the necessary policies and reforms to address ongoing risks to the economy. During a series of meetings in Washington D.C., Finance Secretary Benjamin E. Diokno expressed the country’s readiness...
The Department of Finance (DOF) bared policy measures that the Philippines is undertaking to address the impact of high inflation and climate-related risks in during the International Monetary Fund (IMF) and World Bank Group meetings in Washington D.C. Finance Secretary Benjamin E. Diokno said in...
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 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 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...
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...
The Department of Finance (DOF) is optimistic that the improving investment climate in country will enable the government to reach its medium term goals. In a pre-recorded keynote during the Inside ASEAN: The Philippines forum organized by the Moody's Investors Service, Finance Secretary Benjamin...
President Marcos’ economic managers were pursuing more foreign investments from the US, trumpeting the country's sound macroeconomic fundamentals, the government’s clear roadmap for economic recovery, and sustainable growth. At the first Philippine Economic Briefing (PEB) in North America late...
Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...