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Statement of Secretary of Finance Secretary Cesar V. Purisima on the Resumption of US Government Operations and the Extension of US Borrowing Authority

“Today we learned that after a long impasse, the US Senate and Congress were able to reach an agreement to both fund their federal government operations until January 15th and…

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October 17, 2013
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Four Charged by BOC for PhP60 M Ukay-ukay Smuggling Attempt

The reinvigorated anti-smuggling program of the Bureau of Customs has yet caused another filing of smuggling charges against two (2) traders and two (2) customs brokers today (October 17, 2013)…

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October 17, 2013
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Consolidated Public Sector Debt at P7.7T as of Q1 2013

General Government Debt down to 38.9% of GDP As of March 2013, the Philippines’ Consolidated Public Sector Debt was recorded at P7.7 trillion, equivalent to 71.3% of GDP. The ratio…

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October 17, 2013
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New BOC Team Optimistic on improved Revenue Collection

Customs Commissioner Ruffy Biazon today (October 7, 2013) raised optimism on improving the Bureau of Customs (BOC) revenue collection performance with the assumption into office of the BOC’s five (5)…

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October 14, 2013
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DOF Issues Warning on Scam

'Fund Resurgence Program' Nonexistent, Secretary's Signature Forged in Scam Papers The Department of Finance would like to inform the public that certain letters are circulating advertising a claimed "Fund Resurgence…

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October 14, 2013
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BIR raps daughter of PDAF scam brains Janet Napoles with tax evasion

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against JEANE CATHERINE LIM NAPOLES(NAPOLES) for willful attempt to evade or defeat tax and…

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October 11, 2013
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