US$100.13 concessional loan is KEXIM-EDCF’s pioneer project to boost Mindanao infrastructure
28 April 2016—On behalf of the Government of the Republic of the Philippines, National Treasurer Roberto B. Tan signed the US$ 100.13 million loan agreement for the Panguil Bay Bridge Project today, with Chief Representative Yongkeun Oh signing on behalf of the Export-Import Bank of Korea-Economic Development Cooperation Fund (KEXIM-EDCF).
Incomes seen rising further amid macroeconomic strength
Read More“Building an Open Public Value Chain”
Opening Remarks for the High-Level Dialogue on Fiscal Transparency
by Cesar V. Purisima, Secretary of Finance, Philippines
Open Society Foundation, Pennsylvania Avenue, Washington DC
April 15, 2016 / 1:00 PM – 3:00 PM
Group of more than 40 economies systemically vulnerable to climate change
advance efforts to pioneer financial innovation in responding to climate
threats
Finance Ministers insist on a financial system compatible with the new
1.5°C Paris Agreement limit, calling for G7 and G20 to align development
priorities with the goal
Swifter progress towards the $100 billion international climate finance
commitment and increased concessional financing for climate action urged
Long-term vision to establish carbon pricing regimes adopted by expanded
V20 Group
The national government incurred a deficit of P3.5 billion in January 2016, 46% or P3.0 billion lower than the same period last year. Net of interest payments, the national government’s primary balance stood at a surplus of P42.1 billion.
Read More