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 upward price pressures when the rate breached the 4-percent mark, according to the Department of Finance (DOF).
Read MoreHigh-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 Manila and Tokyo when they meet this month at the New Clark City in Pampanga.
Read MoreThe 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 has managed to implement during the first half of his term with his “incomparable political will” and the broad public support he enjoys, Finance Secretary Carlos Dominguez III has said.
Read MoreFinance 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 at the Joint General Membership Meeting organized by the Management Association of the Philippines today at the Shangri-la The Fort, Taguig City.
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