BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. The new year is about new beginnings. I am happy to note that the Maharlika Investment Corporation (MIC), which shall govern the Maharlika Investment Fund (MIF), has hit the ground running with its inaugural meeting on Jan. 3,...
The Department of Finance (DOF) is urging the Bureau of Internal Revenue (BIR) to not only meet but surpass its record collection target for this year in order to provide additional funding for the priority programs and projects of the Marcos administration. In a statement released on Tuesday, Jan....
The Department of Finance (DOF) said the projected slowdown in inflation this year would not only be favorable for consumers, but it may also serve as a reason for the Bangko Sentral ng Pilipinas (BSP) to reduce borrowing costs. Finance Secretary Benjamin E. Diokno said on Monday, Jan. 8, that the...
The Department of Agriculture has revealed that it will push for increased market access during its forthcoming meeting with the Japanese government in the second quarter of this year. Agriculture Secretary Francisco Tiu Laurel Jr. said the Philippines-Japan Joint Committee on Agriculture is...
As the agency’s “Christmas gift” for Filipino children in 2023, the Department of Education (DepEd) said more than 1.9 million trees have been planted in different parts of the country. (Photo from DepEd) Based on the final report from the field, DepEd said it has reached a total of...
The Maharlika Investment Corp. (MIC) is gaining momentum, as its board has given the green light to the fund's capitalization scheme, the appointment of key management committee heads, and the selection of an interim fund manager. The Department of Finance (DOF) announced that the MIC Board,...
The Department of Finance (DOF) revealed that the Maharlika Investment Corp. (MIC) held its first board meeting on Wednesday, Jan. 3. The meeting, documented in a DOF Facebook update, featured MIC President and CEO Rafael D. Consing, Jr., and Finance Secretary Benjamin E. Diokno, who acted as...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. There's something about the end of the year that gives us a glimmer of hope. We may have faced the most severe obstacles or the most heartbreaking events in the year that was—failures, conflicts, the loss of a loved one—but...
Finance Secretary Benjamin E. Diokno is calling on all Filipinos to embrace a positive and hopeful perspective as they look ahead to the new year and the economic opportunities it holds. In his New Year's message, Diokno, who serves as the country's chief economic manager, spoke about the...
The Philippines has officially rolled out a comprehensive insurance coverage aimed at protecting the country from infrastructure losses caused by natural disasters, the Bureau of the Treasury announced. In a statement, Treasury Officer-in-Charge Sharon P. Almanza said the National Indemnity...
Budget Secretary Amenah Pangandaman commended the Philippine National Police (PNP) for recruiting almost 300 former members of the Moro Islamic Liberation Front (MILF) and Moro National Liberation Front (MNLF). Pangandaman, co-chair of the Intergovernmental Relations Board (IGRB) for agreements...
(L-R) President Ferdinand Marcos Jr. and Department of Human Settlements and Urban Development (DHSUD) Sec. Jose Rizalino Acuzar (Photo by DHSUD) The Department of Human Settlements and Urban Development (DHSUD) is closing 2023 with an optimistic view that it would achieve new milestones in the...
