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SGBT OPENING STATEMENT
PressCon on NG November Fiscal Performance
21 December 2009
We would like to report that the national government incurred a budget deficit of P6.4 billion in November, P2.1 billion higher than the P4.3 billion deficit incurred during the same month last year, on weak revenues due to a combination of revenue-eroding measures, slower growth, and the impact of the recent typhoons on tax collection.
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SGBT OPENING STATEMENT
PRESSCON ON 2nd PRIVATE-PUBLIC SECTOR DIALOGUE ON POST-DISASTER ASSISTANCE
December 2, 2009
We would like to give you some of the highlights of our dialogue with development partners held today.
According to the Post Disaster Needs Assessment (PDNA) report, typhoons Ondoy and Pepeng caused considerable damage and losses, estimated to amount to about P206 billion ($4.4 billion), or 2.7 percent of GDP.
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| DEPARTMENT ORDERS AND ISSUANCES |
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| DOF RELATED REPUBLIC ACTS, RULES AND REGULATIONS |
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|  | RA95051 PERSONAL EQUITY AND RETIREMENT ACCOUNT (PERA)
May 4, 2009 | | RA9510 - THE CREDIT INFORMATION SYSTEMS ACT
November 11, 2008 | | IMPLEMENTING PERTINENT PROVISIONS OF REPUBLIC ACT NO. 9504, "AN ACT AMENDING SECTIONS 22, 24, 34, 35, 51, AND 79 OF REPUBLIC ACT NO. 8424, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE" RELATIVE TO THE WITHHOLDING OF INCOME TAX ON COMPENSATION AND OTHER CONCERNS
October 3, 2008 | | IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT NO. 9399
September 13, 2007 |
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would like to be of assistance by answering any questions you have
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Operations, Policies of International Finance and DOF Related Issues. ASK Now! |
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| IN THE NEWS |  | T-BILL RATES: FEBRUARY 8, 2010
2/8/2010
FPPO-JEP
BTr
As planned, the national government today sold a total of P8.5 billion worth of Philippine Treasury bills. Market players, awash with so much liquidity, swarmed today’s sale with total tenders reaching more than P24 billion or almost three times oversubscribed. The strong demand could be attributed
[read more] |
| | 7-YEAR T-BOND AUCTION RESULTS: FEBRUARY 2, 2010
2/2/2010
FPPO-JEP
BTr
Cautiousness and risk aversion once more ruled at today’s auction as market players showed no interest for the reissued 10-year Treasury bonds as manifested by the relatively thin volume, with subscriptions less than the total offering. Market players were seen throwing less aggressive bids and aski
[read more] |
| | 5-YEAR T-BOND AUCTION RESULTS: JANUARY 19, 2010
1/20/2010
FPPO-JEP
BTr
While it allowed the average rate of the reissued seven-year Treasury bonds to inch up by 33.9 basis points at today’s auction, the national government made a partial award, capping the rate at a level it found acceptable. It only raised half of the P8.5 billion offer size due to the lack of appetit
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