More reforms are needed for the Philippines to join the top ranks of countries identified by the World Bank as the best places to do business, which is crucial to attracting more investments, creating jobs and attaining financial inclusion for the Filipino people, Finance Secretary Carlos Dominguez III has said.
Read MoreWe, 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 light of recent developments, both domestic and external, as well as in preparation for the proposed 2021 National Expenditure Program (NEP).
Read MoreHAKONE—The Philippines and Japan signed Friday (December 6) a memorandum of cooperation (MOC) signifying the latter’s commitment to provide technical support to the Duterte administration’s formulation of a regional development master plan designed to maximize the economic potentials of the Subic Bay and its surrounding areas.
Read MoreVarious youth groups have called on the Congress to urgently pass significantly higher taxes on alcohol, heated tobacco products (HTPs) and e-cigarettes to help ensure sufficient funding for the Universal Health Care (UHC) program.
Read MoreThe Duterte administration’s “Build, Build, Build” team led by Finance Secretary Carlos G. Dominguez as well as other Philippine Cabinet officials, and high-level officials from the Government of Japan led by Dr. Hiroto Izumi, Special Advisor to Prime Minister Shinzō Abe, met in Hakone, Japan Friday (December 6) for the 9th meeting of the Philippines-Japan High-Level Joint Committee on Infrastructure Development and Economic Cooperation.
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