The Department of Finance (DOF) underscored the need for Multilateral Development Banks (MDBs) to provide innovative financing solutions to support physical and digital connectivity projects. At the 2023 Asian Infrastructure Investment Bank (AIIB) Annual Meeting in Sharm El Sheikh, Egypt, Finance...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I had the honor of presenting proposed amendments to the procurement law during the Legislative-Executive Development Advisory Council Meeting, led by President Bongbong Marcos. Among the priority measures approved to be...
The Department of Finance (DOF) has called upon international financial institutions to bolster their response capabilities and undertake comprehensive reforms amid the global economic recovery. Finance Secretary Benjamin E. Diokno said the combined impact of the pandemic, its aftermath, and the...
Foreign Affairs Secretary Enrique Manalo on Tuesday, September 26 said the removal of China’s floating barrier in Scarborough Shoal is consistent with the Philippine government’s position on the West Philippine Sea. Foreign Affairs Secretary Enrique Manalo presents the proposed...
The Department of Social Welfare and Development (DSWD) distributed P95.61 million in cash assistance to 37,386 beneficiaries under its Assistance to Individuals in Crisis Situation (AICS) during the Bagong Pilipinas service caravan kick-off in four provinces over the weekend. The recipients were...
Department of National Defense (DND) Secretary Gilberto "Gibo" Teodoro Jr. (front, middle) poses for a photo with 13 civil servant of the DND and its bureaus who were recognized for outstanding public service during the commemoration of the 123rd Philippine Civil Service Anniversary (PCSA) in Camp...
The Department of Finance (DOF) said the national government is planning to borrow at least $2 billion in the final three months of the year from both domestic and foreign investors. Finance Secretary Benjamin E. Diokno said the government will launch its latest retail dollar bond this week and...
The Department of Finance (DOF) reported an increase in the national government's budget deficit in August due to higher expenditures and a decline in revenue collections. During the month, the Marcos administration’s fiscal deficit amounted to P133 billion, a substantial 85 percent surge...
To improve current education landscapes across the globe, Vice President and Department of Education Secretary Sara Duterte called for the “reshaping of education and embracing of new technologies.” (Courtesy of DepEd/ Official Facebook Page of Inday Sara Duterte) “We now live in...
The Department of Finance (DOF) expressed its support for the inclusion of two proposed measures aimed at imposing taxes on single-use plastics and rationalizing the mining fiscal regime. Finance Secretary Benjamin E. Diokno said the DOF endorses the recent advancements made by the...
Department of Science and Technology (DOST) Secretary Renato Solidum Jr. aimed for a positive outcome as the G77 and China Summit's discussion focused on the strategic goals of the Philippines. Photo credit to DOST “I am pleased because the themes discussed are in line with the...
ILIGAN CITY – Defense Secretary Gilberto Teodoro Jr. and Armed Forces Western Mindanao Command chief Major Gen. Steve Crespillo attended the 633rd founding anniversary of local governance and public administration in Sulu known as Bangsa Sug Day on September 18. DEFENSE Secretary Gilberto C....
