Finance Secretary Carlos Dominguez III today commended the Social Security System (SSS) as an institution that provides “a reliable net of social protection” for retirees even as he underscored the need to educate the public about keeping this pension fund viable enough to provide continuous and sufficient benefits to its millions of members.
Read MoreThe Philippines’ lower debt-to-GDP ratio compared to the previous years places it in “better shape” to borrow funds that would bankroll its accelerated spending on infrastructure, human capital and social protection programs under the Duterte administration’s budget proposal for 2017, Finance Secretary Carlos Dominguez III has told senators.
Read MoreFinance Secretary Carlos Dominguez III said today he is fully confident that the military and police under the decisive leadership of President Duterte will bring the culprits behind the Davao City market bombing to justice and ensure peace and order in the entire country.
Read MoreThe rate of increase in consumer prices may have slightly inched up last month, mainly on higher alcoholic drinks and tobacco prices as well as transport costs, latest estimates by the Department of Finance (DOF) revealed.
Read MoreThe proposed tax reform package presented to Congress aims to raise enough revenues for programs meant to bridge the chronic income gap between Metro Manila and the other regions, as a way to cut the poverty rate from the current 26 percent to only 17 percent by the time President Duterte steps aside in 2022.
Read More