The Department of Finance (DOF) assured on Wednesday, Aug. 3, that the Marcos administration would create an enabling environment for mining activities to flourish in the country. At the listing of Philex Mining Corp.’s (Philex) common shares in the Philippine Stock Exchange (PSE), Finance...
President Marcos’ chief economic manager said that domestic consumer spending, especially by the emerging workforce population of Gen Z, would remain the leading contributor to economic growth. In a statement, Finance Secretary Benjamin E. Diokno said Wednesday, Aug. 3, that the young...
The Department of Finance (DOF) stressed the critical role of a robust agriculture industry in growing the economy at a sustainable and inclusive pace and supporting poverty alleviation in the long term. In a statement on Tuesday, Aug. 2, Finance Secretary Benjamin E. Diokno said a more vibrant,...
The Department of Budget and Management (DBM) has released another round of targeted cash subsidy to the most vulnerable Filipino households reeling from increases in fuel prices and food costs. In a statement, Budget Secretary Amenah F. Pangandaman said Tuesday, Aug. 2, that the DBM approved the...
The Department of Finance (DOF) welcomed the enactment of the Agriculture, Fisheries and Rural Development Financing Enhancement law, commonly known as Agri-Agra law, that is expected to boost the local farm sector. In a statement Friday, July 29, Finance Secretary Benjamin E. Diokno said Republic...
The Department of Finance (DOF) said the government will make sure that gains from economic recovery will trickle down the ordinary Filipinos, saying the Marcos administration has strategic interventions to attain it. In a statement, Finance Secretary Benjamin E. Diokno said Friday, July 29, that...
The Department of Finance (DOF) vowed to continue investing heavily in digitalization, technological innovation, and human capital development to remain competitive in a fast-changing and tech-driven global economy. Finance Secretary Benjamin E. Diokno said on Thursday, July 8, that the Philippines...
President Marcos’ economic team will work closely with Congress, the private sector, and civil society in a unified approach to economic recovery and long-term growth, the Department of Finance (DOF) said. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26,...
Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
BIR told to hit collection target By Chino S. Leyco The new administration expects the Bureau of Internal Revenue (BIR), the government’s main tax agency, to attain its collection target this year despite weaker than expected performance in the six-semester. Finance Secretary Benjamin E. Diokno...
Rehabilitating the old Agus-Pulangi hydropower plants in Mindanao will allow the Marcos administration to kill two birds with one stone, says Davao City 1st district Rep. Paolo Duterte. Davao City 1st district Rep. Paolo "Pulong" Duterte (PNA) According to Duterte, rehabilitating the decades-old...
Finance Secretary Benjamin E. Diokno has called for "heightened attention" to the current geopolitical events and post pandemic changes in the international financial system. The chief economic manager manager of President Ferdinand Marcos Jr.'s administration made this call even as he expressed...
