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…

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PRRD’s 1st SONA to fast-track 10-pt Socioeconomic Agenda–Dominguez

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…

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Gov’t paid P26.5 million to safeguard vessel

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…

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Duterte admin to speed up PPP projects

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…

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Dominguez welcomes ADB support to Duterte Admin

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…

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