The national government posted a surplus of P55.0 in April 2016 on the back of strong revenue collections, bringing the year-to-date deficit down to P57.5 billion. Net of interest payments,…
In light of the United Kingdom voting to leave the European Union, the world has entered uncharted waters. Its immediate repercussions will roil the global financial markets and affect all…
DOF eased for incoming administration to succeed In the interest of ensuring a smooth transition, outgoing Finance Secretary Cesar V. Purisima has instructed all Department of Finance (DOF) officials to…
Purisima: Foundations built to sustain growth-supportive policy for the medium term The Philippines has sufficiently freed itself from structural and fiscal constraints for the next administration to continue ramping up…
Purisima: Climate finance integral to a successful transformation Finance Secretary Cesar V. Purisima welcomed President Benigno S. Aquino III's call for a sweeping review of Philippine energy policy, setting the…
Purisima: Debt portfolio kept sustainable and resilient The National Government’s (NG) outstanding debt was recorded at P5,884 billion as of end-April 2016. Total NG liabilities is lower by 0.3% or…
