The Development Budget Coordination Committee (DBCC) briefed the House of Representatives’ Committee on Appropriations, chaired by Representative Elizaldy Co, on February 28, 2023 to discuss the impact of high inflation on the country’s macroeconomic and fiscal outlook, as well as measures to mitigate its effects on the economy.
Read MoreFinance Secretary Benjamin Diokno presented the Maharlika Investment Fund (MIF) as a tool for economic development to the business community during the Asia CEO Forum entitled “Maharlika Wealth Fund: Financing the Future” on February 24, 2023 at the Manila Marriott Hotel.
Read MoreFinance Secretary Benjamin Diokno welcomed the issuance of Administrative Order (AO) No. 4, directing the abolition of the One-Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center) and transferring its assets, liabilities, and obligations to the Department of Finance (DOF).
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