Finance Secretary Carlos Dominguez III said he expects the Duterte administration’s “Build, Build, Build” program to shift to high gear starting this year with the rollout of the first set of big-ticket infrastructure projects and the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) that will help support this infra buildup.
Read MoreThe Department of Finance (DOF) is now finetuning certain aspects of Package 2 Plus of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) to make sure that the proposal it submits to the Congress is “solid, well-consulted and well-researched.”
Read MoreThe Department of Finance (DOF) is the first Philippine government agency to formally adopt global principles and standards in internal auditing with the recent approval by Secretary Carlos Dominguez III of the charter governing such practices that aim to improve the performance and operations of the DOF and its attached offices and bureaus.
Read MoreThe Department of Finance (DOF), in partnership with the Participatory Governance Cluster-Open Government Partnership (PGC-OGP) led by the Departments of Budget and Management (DBM) and Interior and Local Government (DILG), and the Philippine Chamber of Commerce and Industry (PCCI) will stage a series of dialogues across the country this first quarter of 2018 to inform the public about the Duterte administration’s newly enacted Tax Reform for Acceleration and Inclusion (TRAIN) law and the proposed reform package on corporate taxation and the modernization of fiscal incentives.
Read MoreFinance officials led by Secretary Carlos Dominguez III will meet with Alibaba Group founder Jack Ma in Hangzhou, China on Feb. 1 to explore innovations in digital commerce that will help fuel the growth of the Philippines’ micro, small and medium enterprises (MSMEs) and help attain the Duterte administration’s goal of financial inclusion.
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