The Department of Finance (DOF) has urged the Senate to help guarantee the Philippines’ "strong economic rebound" from the lingering pandemic by swiftly approving the Duterte administration’s remaining economic reform measures. Finance Secretary Carlos G. Dominguez Finance Secretary Carlos G....
Opposition congressmen on Friday, Sept. 11 chided presidential spokesman Harry Roque for berating doctors on the controversy surrounding government’s alleged indecisiveness on community quarantine impositions. Spokesman Harry Roque Roque was reported to have scolded medical experts for appealing...
The Department of Finance (DOF) is lukewarm to pending proposals in Congress seeking for the creation of new government departments. DOF Building in Manila Finance Secretary Carlos G. Dominguez III, the government’s chief economic manager, explained that such proposals run counter to a global...
The Philippines stands to lose around P11 trillion in the next four-decades from the pandemic-induced school closures, the National Economic and Development Authority (NEDA) estimated. (Photo by JORGE GUERRERO : AFP : FILE PHOTO) Socioeconomic Planning Secretary Karl Kendrick T. Chua said Thursday,...
Struggling flag-carrier Philippine Airlines (PAL) will not get any financial help from government financial institutions anytime soon, the Department of Finance (DOF) said Thursday, Sept. 9. During the virtual Senate briefing, Finance Secretary Carlos G. Dominguez III said that government-owned...
Farmers are demanding for a production subsidy of at least P15,000 that will come from the Department of Agriculture’s (DA) proposed 2022 budget. “While we want a higher budget for agriculture, we are not keen on the policy and fiscal directions of the Department of Agriculture and Secretary...
The Philippine Health Insurance Corp., commonly known as PhilHealth, needs a long-term plan to fix the agency’s serious systemic problem, the Department of Finance (DOF) said. PhilHealth During a virtual Senate hearing on Wednesday, Sept. 8, Finance Secretary Carlos G. Dominguez III told...
President Duterte’s chief economic manager said the government needs a new approach to rein in coronavirus cases and revive the economy as lockdown orders no longer provide benefits to the country. Finance Secretary Carlos G. Dominguez III said the Inter-Agency Task Force (IATF), the government's...
House Majority Leader and Leyte 1st District Rep. Martin G. Romualdez has asked Interior and Local Government Sec. Eduardo Año to ensure that the 18,279 new policemen to be recruited next year will qualify to rigid qualification standards to ensure honest and dedicated personnel for the Philippine...
The Department of Finance (DOF) said that careful balance between the need of economic concerns and the health requirements of COVID-19 will drive the Philippines back to its pre-pandemic path of rapid economic growth. Finance Sec. Carlos Dominguez III During the virtual Philippine economic...
The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ credit rating, but it expects a slow pace economic recovery this year due to the rapidly spreading Delta variant. Japan Credit Rating In a statement, JCR said Monday, Sept. 6, that it maintained the credit rating for the...
President Duterte’s chief economic manager bucked the legislative proposals seeking to set a statutory debt limit and create the government’s committee in charge of fiscal discipline. Finance Secretary Carlos G. Dominguez During the House ways and means committee hearing on Monday, Sept.6,...
