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.
Finance Secretary Carlos Dominguez III and Asian Development Bank (ADB) Deputy Director General Winfried Wicklein exchange their copies of two loan agreements aimed at supporting the Philippines’ climate action agenda and further developing the domestic capital markets as a source of financing for its infrastructure modernization program.
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 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.