WATCH: THE ECONOMY IS RESILIENT, AND CAN BOUNCE BACK Finance Secretary Carlos Dominguez III has recommended accelerating the implementation of […]
Finance Secretary Carlos G. Dominguez receives from Philippine National Police (PNP) Chief Gen. Archie Francisco F. Gamboa a cheque in the amount of P228.45 million, which represents the collected cash donations of PNP uniformed and non-uniformed personnel for the government’s COVID-19 response efforts.
The national government is providing a wage subsidy for affected employees of small businesses to help mitigate the impact of the quarantine in Luzon and various local government units. This wage subsidy shall be given for up to two months so that affected small businesses are able to retain their employees during the quarantine period.
Finance Secretary Carlos G. Dominguez said that the government's economic managers and the central bank have put together a fiscal and monetary action plan to combat COVID-19
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.
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