P50-M to be allocated for review of mining contracts

The Department of Budget and Management (DBM) will allocate P50 million to enable the Mining Industry Coordinating Council (MICC) to undertake a comprehensive review of mining contracts nationwide, starting with…

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MICC OKs guidelines on ‘objective, science-based’ mining review

The Mining Industry Coordinating Council (MICC) has approved the guidelines on the conduct of an “objective, fact-finding, science-based” review of mining operations nationwide, starting with those ordered shuttered or suspended…

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Civil society coalition backs auto tax hike plan

A non-government coalition advocating tax and fiscal reforms has expressed its full support for the proposed adjustments in automobile excise taxes as way to help raise revenues that would fund…

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NG’s deficit spending to prop up high—and inclusive—growth agenda

Finance Secretary Carlos Dominguez III stressed today that although the budget deficit incurred by the national government (NG) hit P353.4 billion in 2016, or P231.7 billion higher than the year-ago…

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MICC meeting anew on March 3

The Mining Industry Coordinating Council (MICC) will meet for the second time tomorrow (March 3) to discuss the nitty-gritty of the three-month review that the five technical review teams (TRTs)…

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