Finance Secretary Carlos Dominguez III and Mr. Akihiko Tanaka, the President of the Japan International Cooperation Agency (JICA), sign the agreement for a 30-billion yen loan under the second phase of the COVID-19 Crisis Response Emergency Support Loan (CCRESL 2) facility. This yen loan package aims to support the Philippine government’s continuing efforts to rapidly recover from the COVID-19 pandemic and fully return its economy to the path of high, inclusive growth.

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Japan finalizes the Subic Bay Regional Development Masterplan

[ATTACHED IS THE SUBIC MASTERPLAN MAP] The Department of Finance (DOF) has announced on Tuesday (April 26) the official endorsement of the Subic Bay Regional Development Master Plan, which was…

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Dominguez: Multilateral banks cooperation gave PHL gov’t ‘seal of good housekeeping’ on COVID-19 vaccine procurement

WASHINGTON DC—Finance Secretary Carlos Dominguez III has said the trilateral cooperation among the world’s major multilateral development banks (MDBs) in jointly providing funding support for the Philippine government’s COVID-19 national…

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FIRB to look into regulating fees collected by IPAs

As instructed by Finance Secretary and Fiscal Incentives Review Board (FIRB) Chairperson Carlos. Dominguez III, the FIRB Secretariat will look into streamlining and rationalizing the huge fees collected by investment…

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