Finance Secretary Carlos Dominguez III said today the Duterte administration is seizing on an “opportune convergence” of growth-friendly factors to reconfigure our tax system that is “crying out for reform” as a way to make Philippine communities safer and our society fairer for future generations.
Read MoreGovernor Ernesto Isla, Atty. Alice Vidal, Justice Raul Victorino, Justice NarcisoNario, Atty. Ramon Maronilla, Dr. Aida Cruz, members seated at the presidential table including Justice Pamaran, David Kho, General Ermita, my good friend, members of the board of trustees, members and guests in today’s forum and birthday celebrants.
Read MoreFinance Secretary Carlos Dominguez III has ordered officials and employees of the Department of Finance (DOF) and its attached agencies to refrain from conducting meetings and other work-related events in costly private venues, and hold them instead at the Ayuntamiento de Manila, the historic home of the Bureau of Treasury (BTr) in Intramuros, as part of the Duterte administration’s austerity program.
Read MoreFinance Secretary Carlos Dominguez III said that given the Philippine economy’s strong performance in the first two quarters of 2016, the country needs to sustain an above-5 percent expansion in its Gross Domestic Product (GDP) this second semester for Government to achieve its growth target of 6 to 7 percent for 2016.
Read MoreFinance Secretary Carlos Dominguez III today said the “Budget for Real Change” that Malacañang has submitted for congressional approval will flesh out the vision of President Duterte for a Philippines, which, by 2022, will be free of insurgencies and organized crime, and boasts a poverty rate of just 17% resulting from investments that create quality jobs and disperse wealth.
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