The Philippines will submit the formal letters of request for the priority projects that it would like to implement in cooperation with China in time for the official visit of Chinese Commerce Minister Gao Hucheng to Manila later this month.
Read MoreThe Department of Finance (DOF) has maintained before the Congress that the first package of its Comprehensive Tax Reform Program (CTRP)—as contained in House Bill No. 4774—is pro-poor as it shifts the tax burden to rich families by taxing their consumption rather than income, so that additional revenues raised from this effort could be used for targeted transfers to indigent families and for massive public spending on infrastructure and human capital development.
Read More3 February 2017, Manila, Philippines – Finance Secretary Carlos Dominguez III swore into office erstwhile National Treasurer Roberto Tan as the new president of the Philippine Deposit Insurance Corp. (PDIC) making way for the appointment of Rosalia de Leon as the new National Treasurer.
Read MoreChairman Alberto Agra; General Manager Janilo Rubiato, fellow workers in government, friends:
Read MoreThe General Government (GG) debt reached the P5-trillion mark as of end-September 2016 as the GG debt-to-GDP (Gross Domestic Product) ratio improved to 35.5 percent compared to the 36.7 percent posted in the same period last 2015, according to the Department of Finance (DOF).
Read More