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....
Sen. Francis Tolentino expressed concern anew regarding the destruction of coral reefs over the West Philippine Sea (WPS), speaking with experts from the Department of Science Technology (DOST). Sen. Francis Tolentino (Senate PRIB photo) Tolentino was curious regarding the contribution of corals in...
The Department of Finance (DOF) has welcomed the recent progress in consolidating legal frameworks for public-private partnership (PPP) projects. In a statement, Finance Secretary Benjamin E. Diokno said the enactment of Senate Bill No. 2233, also known as the PPP Act, would facilitate trade,...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the country is exploring the integration of digital technologies and green processes for sustainability. Balisacan said that a green and digital transition is vital for the country’s sustainable growth. "Going...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...
