Finance Secretary Carlos G. Dominguez III said the "prompt and substantial" financing extended by the Philippines’ multilateral partners for its vaccination program will help accomplish the government’s target of herd immunity. Finance Secretary Carlos G. Dominguez III...
About P94,589 is every living Filipino’s share of the national government debt as of February, that is P20,000 more. The Bureau of the Treasury reported on Monday, March 29, that the outstanding debt stock of the national government now stood at P10.405 trillion in February, or additional P2.24...
The World Bank-funded modernization project of the Bureau of Customs will align the agency’s processes and standards with the world’s best and most efficient customs services, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said on Friday,...
The Philippines and Singapore should tap each other’s strengths and explore opportunities for cooperation in developing new digital tools and technologies to take advantage of the growth of start-up companies in the region, the government’s chief economic manager said. During the virtual...
The National Power Corp. (Napocor) and the National Transmission Corp. (Transco) are planning to add more power capacity, transmission lines, and substation facilities this year to provide electricity to unserved households. In a report to Finance Secretary Carlos G. Dominguez III, the...
Finance Secretary Carlos G. Dominguez III commends DoubleDragon’s remarkable business acumen and resilience amid challenging times. The Department of Finance (DOF) expects the real estate investment trust (REIT) will help drive the infrastructure modernization and open more business...
The government will soon require cigarette manufacturers planning to set up shop in the country’s special economic zones (SEZs) to register with the Bureau of Internal Revenue (BIR), the Department of Finance (DOF) said. (Pixabay / MANILA BULLETIN) Finance Secretary Carlos G. Dominguez III said...
The national government’s debt ratio soared following its record budget deficit incurred last year due to unprecedented borrowings for the country’s coronavirus response, data from the Department of Finance (DOF) revealed. Finance Undersecretary Gil S. Beltran said on Sunday, March 21, that the...
The government’s chief economic manager said the private sector cannot directly import coronavirus vaccines due to existing rules that are outside the control of President Duterte. Finance Secretary Carlos G. Dominguez III said this categorically amid rising clamor from the business sector that...
Hike in deposit insurance The Department of Finance (DOF) said it is supporting the proposed measure seeking to increase the deposit insurance coverage provided for by the Philippine Deposit Insurance Corp. (PDIC) and the removal of the latter’s regulatory function. Finance Secretary Carlos G....
The Central Board of Assessment Appeals (CBAA) has resolved 26 cases appealed by local government units (LGUs) involving about P4.53 billion in combined real property taxes last year, the Department of Finance (DOF) said. In a report submitted to Finance Secretary Carlos Dominguez III,...
The government has already secured $1.2 billion in loans to fund the purchase of coronavirus vaccines, but the Duterte administration’s chief economic manager said their rollout hinges on the suppliers’ ability to deliver the ordered doses. Finance Secretary Carlos G. Dominguez III said on...
