Finance Secretary Benjamin Diokno said that the government should prioritize implementing existing social protection programs over another round of COVID-19 social amelioration subsidies, which has hardly any urgent basis given…
Finance Secretary Benjamin Diokno assured legislators that the Marcos administration’s proposed 2023 National Budget will propel economic recovery and rapid expansion. “Allow me to assure Congress that the economic team’s…
The Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) are ramping up their respective anti-corruption campaigns by modernizing their operations through digitalization. Finance Secretary Benjamin Diokno identified digitalization…
Finance Secretary Benjamin Diokno clarified on Wednesday, (August 24), that allocations for debt burden make up only around a tenth of the proposed 2023 National Budget, contrary to an Inquirer…
The Bureau of the Treasury (BTr) has launched the 28th tranche of its retail treasury bonds, the government’s first offering under the Marcos administration. “This issuance serves as an important…
Finance Secretary Benjamin Diokno commended legislators for passing game-changing structural reforms during the 18th Congress, enabling the country to withstand the harsh effects of the pandemic and chart a clear…
The Department of Finance (DOF) presented to the 19th Congress fiscal priority reforms as part of the Marcos administration’s Medium Term Fiscal Framework (MTFF) to steer the country back to…
Finance Secretary Benjamin Diokno assured senators that the national debt remains within manageable levels, allaying fears of the country defaulting on loans amid a slightly elevated debt-to-gross domestic product (GDP)…
Finance Secretary Benjamin Diokno urged economic journalists to help the government tell a coherent narrative about the country’s bright economic story. “I challenge you to explain to our people and…
Finance Secretary Benjamin Diokno reiterated confidence in the country’s bright economic outlook, citing expected improvements in inflation, the country’s credit rating, and the performance of the Philippine peso. “Inflation hit…
