Officials of the Bureau of Internal Revenue (BIR) and the Federal Tax Service (FTS) of Russia have met recently to discuss the latter’s best practices that could be applied in the Philippines to further improve its tax administration and compliance.
Read MoreThe government has targeted about US$1.3 billion in loan financing from multilateral lenders, which includes the Philippines’ contribution of US$84 million to the COVID-19 Vaccines Global Access (COVAX) Facility, to ensure COVID-19 vaccines for more than 70 million Filipinos or over 100 percent of the Philippines’ adult population, Finance Secretary Carlos Dominguez III said Monday night.
Read MoreThe Department of Finance (DOF), as the Chairperson-designate of the Climate Change Commission (CCC), supports the movement to ban single-use plastics nationwide as a way to advance sustainable solid waste practices and curb plastics pollution.
Read MoreA total of P119.1 billion or three-fourths of the P157 billion in cash dividends remitted by government-owned and controlled corporations (GOCCs) in 2020 partly funded the social amelioration program (SAP) that the government implemented to ease the economic impact of the COVID-19 pandemic on the country’s poorest households and other vulnerable sectors.
Read More