In his first-ever speech as Finance Secretary, former Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno expressed his confidence that incumbent governor Felipe M. Medalla will continue the game-changing reforms that have kept the institution ‘agile and innovative’. “We have gone through a crisis like no other, with no emergency response playbook to which we could refer. But we kept our eyes on the ball. We remained agile and innovative. We boosted market confidence. We implemented extraordinary liquidity measures,” Secretary Diokno said during BSP’s 29th Anniversary and Turnover Ceremony held earlier today, July 4.
Finance Secretary Carlos Dominguez III and Land Bank of the Philippines (LANDBANK) President-CEO Cecilia Borromeo unveil the marker for the newly inaugurated LANDBANK Corporate Center in Davao City. Joining them are (from left to right) LANDBANK Director Jaime Miralles, Davao City Councilor Diosdado Mahipus Jr. (representing Davao City Mayor-elect Sebastian Duterte), Mindanao Development Authority Chairperson Maria Belen Sunga-Acosta, LANDBANK Vice President for National Development Lending Sector Liduvino Geron, and LANDBANK Executive Vice President for Corporate Services Sector Alex Lorayes.
President Rodrigo Roa Duterte conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to Finance Secretary Carlos G. Dominguez on June 16, 2022 at the Malacañan Palace.
Finance Secretary Carlos Dominguez III, on behalf of the Philippine government, and Chinese Ambassador to the Philippines Huang Xilian, representing the government of the People’s Republic of China, exchange documents on the framework and loan agreements for the RMB 2.34 billion concessional financing package that will fund the construction of a 2-way, 4-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao.
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The 60 second feature on CNN International's television highlighted that the Philippines had one of the fastest growing pre-COVID 19 regional economies, and is expected to bounce back in 2022.