Gov’t budget balance back in deficit in first-semester
The national government’s budget balance swung back to a deficit in the first semester of the year, with public spending expanding by double digits from a year ago, data from…
The national government’s budget balance swung back to a deficit in the first semester of the year, with public spending expanding by double digits from a year ago, data from…
Finance Secretary Carlos Dominguez today said the “wide gamut” of political and economic initiatives outlined by President Duterte in his first-ever State of the Nation Address (SONA) will let the…
BOC pushes public auction of sunken Panamanian ship The Bureau of Customs (BOC) has recommended the sale through public auction of a sunken cargo ship seized by the agency seven…
Finance Secretary Carlos Dominguez III has formally created the Anti-Red Tape Team at the Department of Finance (DOF) and has appointed Undersecretary Gil Beltran as its chairperson, in line with…
The Department of Finance (DOF) has extended to June 30 next year the deadline for government agencies and state-owned and -controlled corporations to transfer their bank deposits to qualified government…
The Departments of Finance (DOF) and of Budget and Management (DBM) are teaming up with the National Economic and Development Authority (NEDA) on finding ways to accelerate the implementation of…
The departments of finance (DOF) and justice (DOJ) would work on speeding up the resolution of the 635 pending tax and smuggling cases amounting to a combined P103 billion in…
The Duterte administration is “open to discussions” on the Asian Development Bank (ADB)”s fresh offer of greater financial assistance to the Philippines in a show of strong support to its…
Giving his first marching orders at the Department of Finance, Secretary Carlos Dominguez III has told his DOF co-workers the challenge before them is not just to meet their collection…
Finance Secretary Carlos Dominguez III has said that the new government will carry out a wide gamut of initiatives ranging from an infrastructure buildup and tax reform to easing traffic…