DOF studying ways to engage incoming Congress on priority bills

Secretary Carlos Dominguez III has ordered Department of Finance (DOF) officials to study ways of actively engaging lawmakers in the incoming Congress to speed up the approval of the rest…

Comments Off on DOF studying ways to engage incoming Congress on priority bills

PRRD fastest to act in reining in inflation

The Duterte administration took only 11 months to tame elevated inflation rates to below 4 percent, the fastest in almost two decades, compared to previous government efforts to rein in…

Comments Off on PRRD fastest to act in reining in inflation

8th Philippines-Japan Infra Meeting set in Clark this June

High-level Philippine and Japanese officials are set to resume discussions on the progress of Japan-funded infrastructure projects under the “Build, Build, Build” program and other areas of economic cooperation between…

Comments Off on 8th Philippines-Japan Infra Meeting set in Clark this June

Admin landslide victory in polls shows voters want further PRRD reforms

The clean sweep by administration-backed candidates in last month’s midterm elections illustrates the desire of the Filipino people for President Duterte to continue his pragmatic program of reforms that he…

Comments Off on Admin landslide victory in polls shows voters want further PRRD reforms

DOF UPDATE: WATCH LIVESTREAM NOTIFICATION JUNE 7, 2019

Finance Secretary Carlos G. Dominguez will deliver his keynote address focusing on the fiscal and economic priorities of the Duterte administration before members of the 22 sponsoring organizations and guests…

Comments Off on DOF UPDATE: WATCH LIVESTREAM NOTIFICATION JUNE 7, 2019

DOF thanks Congress for approving ‘sin’ tax reform bill

Finance Secretary Carlos Dominguez III has thanked the Senate and the House of Representatives for passing this week a new "sin" tax reform bill that provides substantially higher excise tax…

Comments Off on DOF thanks Congress for approving ‘sin’ tax reform bill

DOF aims to complete e-invoicing by 2022

The Department of Finance (DOF) aims to complete the full shift to an electronic invoicing system by December 2022 as part of the digital transformation in tax administration that the…

Comments Off on DOF aims to complete e-invoicing by 2022

LGUs losing P30.5-B revenues to outdated real property valuation

Provinces and cities are losing an estimated P30.5 billion in total foregone revenues as a result of outdated real property values, underscoring the need for valuation reforms in the real…

Comments Off on LGUs losing P30.5-B revenues to outdated real property valuation

Non-passage of new sin taxes to make UHC ‘a third-class’ law

The Universal Health Care (UHC) Act will be downgraded from being a first-class law to a third-rate one, with its implementation either failing to equitably serve all Filipinos or its…

Comments Off on Non-passage of new sin taxes to make UHC ‘a third-class’ law