DOF cites improving economic forecasts of private analysts

Six analysts have accurately predicted the inflation rate for October 2019 while another one gave a correct forecast of the gross domestic product (GDP) growth for the year's third quarter,…

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General Government Debt at 38 percent of GDP as of March 2019

The country’s consolidated General Government (GG) debt stood at P6.7 trillion in the first quarter of 2019, an increase of 7.1 percent from the P6.3 trillion level at the end…

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Dominguez sees 2019 growth of 6 percent

Finance Secretary Carlos Dominguez III remains optimistic that full-year economic expansion could hit the lower band of the official growth forecast of 6-7 percent as the domestic economy grew 6.2…

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PHL welcomes Japan’s pledge on technical aid for Subic masterplan

The Philippines has expressed its deep appreciation to the government of Japan for its commitment to provide technical assistance in crafting a master plan for the regional development of the…

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New Clark City is Tax Academy’s future home

The future main campus of the Philippine Tax Academy (PTA) will rise on a portion of a 10-hectare lot just outside the proposed National Government Administrative Center in New Clark…

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