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...
Two ranking congressmen from Mindanao are in favor of making the Philippine Identification System (PhilSys) identified card (ID) a requirement for beneficiaries of government cash aid or "ayuda". Surigao del Sur 2nd district Rep. Johnny Pimentel (left) and Surigao del Norte 2nd district Rep. Robert...
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 World Bank Group (WBG) expressed appreciation of former Finance Secretary Carlos G. Dominguez III’s personal commitment and contributions to the “strong partnership” between the Washington-based lender and the Philippines. In an August 22, 2022 letter to the former DOF chief, WBG...
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...
House Deputy Minority Leader France Castro was up in arms on Saturday, Aug. 27, over the remark of Department of Finance (DOF) Secretary Benjamin Diokno that it’s a “waste of funds” at this stage to give aid in relation to the Covid-19 pandemic. Finance Secretary Benjamin Diokno (left) and...
Department of Finance (DOF) Secretary Benjamin Diokno told the House Committee on Appropriations that it's a "waste of public funds" at this point to give cash aid or "ayuda" to Filipinos in relation to the Covid-19 pandemic. DOF Secretary Benjamin Diokno (Screenshot from Zoom meeting) "On 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 House Committee on Appropriations has officially commenced the detailed, per agency deliberations of the 2023 National Expenditure Program (NEP) The Committee on Appropriations presides over the first budget hearing on Friday, Aug. 28 at the House of Representatives Session Hall (MANILA...
The Department of Finance (DOF) said that expenditures for debt burden make up only around a tenth of the Marcos administration’s proposed national budget next year. In a statement on Thursday, Aug. 25, Finance Secretary Benjamin E. Diokno said it was incorrect to cite debt burden as one-third of...
The Department of Finance (DOF) will continue borrowing mostly from the domestic debt markets under the Marcos administration on the back of the growing appetite of Filipino retail investors in government securities. In a statement on Tuesday, Aug. 23, Finance Secretary Benjamin E. Diokno said...
