NG Fiscal Deficit for July 2016 Widens to P50.7 billion

The National Government's deficit performance is improving but at a controlled pace, leaving ample fiscal room to support growth for the remainder of the year, according to the Bureau of…

Comments Off on NG Fiscal Deficit for July 2016 Widens to P50.7 billion

DOF puts up website on IRR of customs modernization law

The Department of Finance (DOF) has set up a website where stakeholders can access information about, and suggest recommendations on, the proposed implementing rules and regulations (IRR) of a law…

Comments Off on DOF puts up website on IRR of customs modernization law

TAX REFORM TO ENSURE SAFER COMMUNITIES, FAIRER SOCIETY—DOMINGUEZ

Finance Secretary Carlos Dominguez III said today the Duterte administration is seizing on an "opportune convergence" of growth-friendly factors to reconfigure our tax system that is “crying out for reform”…

Comments Off on TAX REFORM TO ENSURE SAFER COMMUNITIES, FAIRER SOCIETY—DOMINGUEZ

Dominguez orders DOF, attached agencies to use ​BTr’s​ Ayuntamiento for meetings ​in line with Duterte Admin’s​austerity ​program​

Finance Secretary Carlos Dominguez III has ordered ​officials and ​employees of the Department ​of Finance (DOF) ​and its attached agencies to refrain from conducting meetings and other work-related events in…

Comments Off on Dominguez orders DOF, attached agencies to use ​BTr’s​ Ayuntamiento for meetings ​in line with Duterte Admin’s​austerity ​program​

DBCC explains ‘Budget for Real Change’ to Congress

Finance Secretary Carlos Dominguez III today said the “Budget for Real Change” that Malacañang has submitted for congressional approval will flesh out the vision of President Duterte for a Philippines,…

Comments Off on DBCC explains ‘Budget for Real Change’ to Congress

RA 10693’s IRR offers microfinancing to poor entrepreneurs

Poor families considered as “unbankable” loan clients can now tap government funding to open up small businesses, following the signing of the Implementing Rules and Regulations (IRR) of a new…

Comments Off on RA 10693’s IRR offers microfinancing to poor entrepreneurs

DOF expects benign inflation in near future

The Department of Finance (DOF) expects the manageable uptick in the growth of consumer prices ​to​ boost domestic demand as well as counterbalance weaker global-growth outlook. In the latest DOF…

Comments Off on DOF expects benign inflation in near future