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Statement of Finance Secretary CESAR V. PURISIMA on the filing of House Bill 2765 by Rep. Luigi Quisumbing, otherwise known as Fiscal Incentives Rationalization Bill

"As part of our goal to institutionalize good governance through legislation, I would like to reiterate the Department's support for House Bill No. 2765, An Act Rationalizing the Grant and…

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September 9, 2013
Read more about the article Statement of Finance Secretary CESAR V. PURISIMA on the filing of House Bill 2765 by Rep. Luigi Quisumbing, otherwise known as Fiscal Incentives Rationalization Bill
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January to July Fiscal Deficit at P105 billion

9 September 2013 Manila, Philippines – The National Government incurred a P53 billion deficit in July as higher government operating expenses paced higher than expected revenue collections. The July deficit…

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September 9, 2013
Read more about the article January to July Fiscal Deficit at P105 billion
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PDIC’s sale of closed bank’s assets benefits 905 families in Laguna

The Philippine Deposit Insurance Corporation (PDIC), Liquidator of the closed Fortune Savings and Loan Association, Inc. (FSLAI), signed on June 14, 2013 a Memorandum of Agreement (MOA) with the Innovation…

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September 7, 2013
Read more about the article PDIC’s sale of closed bank’s assets benefits 905 families in Laguna
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