BEIJING--Finance Secretary Carlos Dominguez III has cited the significant progress made in the implementation of Philippine infrastructure projects funded with Official Development Assistance (ODA) from China. In a courtesy visit…
A series of meetings between Philippine and Chinese Officials are scheduled this week in Beijing to continue coordination with the Chinese government regarding the Duterte administration’s infrastructure flagship projects under…
Finance Secretary Carlos Dominguez III said the government is losing the opportunity to provide funds amounting to around P500 a million a day for better education and healthcare as well…
Finance Secretary Carlos Dominguez III has debunked misleading claims that high interest rates were attached to loans extended by China to the Philippine government to help fund projects under the…
The Philippines’ medium-term strategy to reduce poverty incidence and achieve financial inclusion for all Filipinos via massive investments in infrastructure and human capital development has made significant strides in the…
Finance Secretary Carlos Dominguez III said the $20.1 billion in net foreign direct investments (FDIs) over the two-year period of 2017 and 2018 remain “unprecedented” and show that the upward…
We, the members of the Development Budget Coordination Committee (DBCC), held a meeting to revisit the macroeconomic assumptions and medium-term fiscal and growth targets of the government. This is in…
The Department of Finance (DOF) has made a last-minute appeal to the Senate to pass its original proposal of a uniform royalty rate of 5 percent for all mining operations,…
A proposal by Sen. Emmanuel Pacquaio to increase the excise tax on alcohol products will raise additional revenues of almost P237 billion over a five-year period and at the same…
Finance Secretary Carlos Dominguez III has said the clear growth momentum plus the increased spending power of Filipinos will ensure that the economy will emerge stronger in 2019 despite both…
