The Department of Finance (DOF) said the Marcos administration is committed to fiscal prudence to fund government programs and meet its obligations with creditors. Finance SecretaryBenjamin E. Diokno said Tuesday, Sept. 20, that the government welcomed the decision of Moody’s Investors Service...
The Philippine government and the German development agency sealed a technical assistance grant to make climate information accessible to the public, the Department of Finance (DOF) announced. In a statement, the DOF said that Manila and Deutsche Gesellschaft für Internationale Zusammenarbeit...
Information Technology and Business Processing Outsourcing (IT-BPO) enterprises registered with the Philippine Economic Zone Authority (PEZA) need to transfer to the Board of Investments (BOI) to retain their tax incentives and continue their work from home (WFH) arrangement, the Department of...
The Department of Finance (DOF) has emphasized that sustainable finance plays a critical role in driving the country’s shift to climate change adaptation and mitigation practices. At a virtual forum organized by sustainability media and business intelligence-firm Eco-Business, Finance Secretary...
Diokno extends IT-BPM's WFH setup By Chino S. Leyco The Department of Finance (DOF) has extended the work-from-home (WFH) arrangement of the Information Technology and Business Process Management (IT-BPM) enterprises until further notice. In a statement on Friday, Sept. 9, Finance Secretary...
The Department of Finance (DOF) said the Marcos administration is committed to establish a more business-friendly environment to encourage foreign investors to do business in the Philippines. During the Philippine Economic Briefing in Singapore, Finance Secretary Benjamin E. Diokno reaffirmed the...
The Marcos administration wants to rejoin the Extractive Industries Transparency Initiative (EITI) months after the previous administration withdrew the country's participation. In a statement, Finance Secretary Benjamin E. Diokno said on Friday, Sep. 9, that President Marcos wants to demonstrate...
The Department of Finance (DOF) sought the support of local chief executives for the passage of critical legislative measures that aim to empower local government units (LGUs) to attain fiscal sustainability. During a gathering of Leyte and Samar mayors, Finance Secretary Benjamin E. Diokno said...
The government should prioritize giving out higher assistance to indigent senior citizens than having another round of cash-aid or “ayuda” for the general public, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said on Monday, Aug. 29, that with the national...
The Department of Finance (DOF) wants the Philippine Amusement and Gaming Corp. (Pagcor) to present a long-term plan on its conflicting roles as a gambling regulator and operator in the country. Finance Secretary Benjamin E. Diokno’s pronouncement came after he told lawmakers during the...
President Marcos’ chief economic manager said he will support the passage of a supplemental budget for next year should there will be a need to further boost the country’s economic growth. At the Development Budget Coordination Committee (DBCC) briefing with the House Appropriations Committee...
The Bureau of Internal Revenue (BIR) and the Bureau of Customs, the government’s two main tax agencies, are ramping up their respective anti-corruption campaigns by modernizing their operations through digitalization. In a statement on Friday, Aug. 26, Finance Secretary E. Benjamin Diokno has...
