Dominguez orders 5 erring execs penalized for various offenses

Finance Secretary Carlos Dominguez III has ordered the implementation of penalties ranging from dismissal from the service to suspension without pay against four municipal treasurers and a Bureau of Customs…

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PSF Board approves P120-M adaptation funding for Mindanao LGUs

New improved guidelines for submission and P60 million project development support facility launched The People's Survival Fund Board (PSF) has approved a total of P120 million in funds for two…

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Asia’s forex movements a result of Fed Reserve speculations

Finance Secretary Carlos Dominguez III said the Philippine peso’s breaching of the P50 level against the dollar is an expected reaction of the local currency to the anticipated early rate…

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Tax reform program to fill backlog in infra, education and health

The proposed comprehensive tax reform program will, if approved in toto, let the Duterte administration improve 44,000 kilometers of national and local roads; build 6,700 health centers and hire nearly…

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DOF releases FOI manual

The Department of Finance (DOF) has released its People’s Freedom of Information (FOI) Manual in keeping with the people’s constitutional right to information and the State’s policy of full disclosure…

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Administrative, structural reforms to ​ensure high inclusive ​growth

The Duterte administration’s ongoing administrative and structural reforms will efficiently mobilize public resources to achieve sustainable and inclusive growth, the Department of Finance (DOF) said. In the latest DOF Economic…

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Tax reform plan to help free 6-M Filipinos from poverty

Finance Secretary Carlos Dominguez III said today that congressional approval of the proposed tax reform program would help the Duterte administration realize its vision of reducing the poverty level to…

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