Undersecretary Zeno Abenoja represented Finance Secretary Benjamin E. Diokno during the 31st Financial Stability Coordination Council (FSCC) meeting held on August 31, 2022. Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla convened the FSCC as new Chairman of the Council.
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.
The Department of Finance(DOF) is the government's steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability.Learn More
The Development Budget Coordination Committee (DBCC) reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2023 to 2028 to take into account the latest domestic developments, global economic status, and the administration’s priorities and strategies.Read More
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.