In reply to an article recommending the shift to Public-Private Partnerships (PPPs) and engagement of external consultants to expedite the Build Build Build program, the DOF issued a statement to clarify its policy guidelines on Public Private partnerships (PPPs).
Read MoreThe Department of Finance (DOF) and the Bangko Sentral ng Pilipinas (BSP) will jointly ask legislators to ensure that the congressional approval of a general tax amnesty law will also enable the government to finally break the walls of bank secrecy in fraud cases.
Read MoreA three-pronged strategy anchored on game-changing reforms and sound fiscal policies will keep the Philippines among the ranks of the world’s best-performing economies despite headwinds weighing heavily on near-term global growth, Finance Secretary Carlos Dominguez III said.
Read MoreThe Department of Finance (DOF) said the proposed second package of the comprehensive tax reform program (CTRP), also known as the Corporate Income Tax and Incentives Rationalization Act (CITIRA) bill, will improve the current fiscal incentives system, which treats more than two-thirds of the economy as priority industries.
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