The Duterte administration’s “Build, Build, Build” team led by Finance Secretary Carlos G. Dominguez as well as other Philippine Cabinet officials, and high-level officials from the Government of Japan led by Dr. Hiroto Izumi, Special Advisor to Prime Minister Shinzō Abe, met in Hakone, Japan Friday (December 6) for the 9th meeting of the Philippines-Japan High-Level Joint Committee on Infrastructure Development and Economic Cooperation.
Dr. Hiroto Izumi, Special Advisor to Japan Prime Minister Shinzo Abe, and Finance Secretary Carlos G. Dominguez seal with a handshake their commitment to further strengthen the strategic partnership between Japan and the Philippines after signing the Memorandum of Cooperation (MOC) signifying Japan’s commitment to extend technical assistance for the formulation of the Subic Bay Regional Development Masterplan.
Finance Secretary Carlos G. Dominguez and World Bank Country Director Mara Warwick signed Thursday (Nov. 28) the loan agreement for the Second Social Welfare Development And Reform Program, which will provide additional financing for the Pantawid Pamilyang Pilipino Program (4Ps). This additional financing from World Bank worth USD 300 million will continue to support the delivery of conditional cash transfers to millions of beneficiaries until 2022. It will also further improve the project’s implementation performance, monitoring and evaluation procedures; and upgrade key dimensions of the 4Ps’ program management.
Finance Secretary Dominguez discussed the Philippines' growth story and the massive Build, Build, Build program before members of the Chief Executives Organization (CEO) in its meeting held Sunday (November 10) at the Makati Shangri-La hotel in Makati City.
The Department of Finance(DOF) is the government's steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability.Learn More
We, the members of the Development Budget Coordination Committee (DBCC), held a meeting to revisit the macroeconomic assumptions and medium-term […]Read More