The Department of Finance (DOF) welcomed the assessment of the International Monetary Fund (IMF) that sustained reforms, disciplined macroeconomic policies, and sound fundamentals helped the Philippine economy to recover swiftly…
The House of Representatives of the Philippines approved on third reading a bill that seeks to impose excise tax on single-use plastic (SUP)s on Monday, November 14, 2022. Under the…
Finance Secretary Benjamin Diokno thanked and commended the United Nations Development Programme (UNDP) and the Government of Canada for the launch of a new project that would provide the Philippines…
The Senate of the Philippines approved House Bill No. 4488 or the 2023 General Appropriations Bill (GAB) on third and final reading on November 23, 2022. "I welcome the Senate's…
Finance Secretary Benjamin Diokno urged climate experts and leaders from the public, private, and development sectors to invest in adaptation to reduce climate risks and disasters. “We must urgently increase…
Finance Secretary Benjamin Diokno called on local government units (LGUs) to optimize their increased transfers from the Mandanas-ruling in setting up plans on capital investments to address basic and growing…
The Commission of Appointments (CA) has officially confirmed the ad interim appointment of Dr. Benjamin E. Diokno as Secretary of Finance on November 23, 2022.
Finance Secretary Benjamin Diokno underscored the importance of public-private cooperation in nation-building and assured the business community that the government welcomes ideas and proposals towards inclusive and sustainable growth. “[W]e…
Finance Secretary Benjamin Diokno led the government in strengthening ties with the Italian business community as he encouraged industry leaders to seize new investment opportunities in the country. “I…
Credit watcher S&P Global has reaffirmed the Philippines’ long-term foreign-currency rating at ‘BBB+’ and maintained its stable outlook in view of a healthy economic rebound spurred by strong domestic demand.…
