DBCC briefs House Appropriations panel on inflation

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.

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DOF welcomes Senate approval of RCEP ratification

Finance Secretary Benjamin Diokno welcomed the approval of the Senate resolution concurring in the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement on February 21, 2023. “The ratification of…

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Diokno underscores importance of coordinated fiscal and monetary response, medium-term fiscal framework for sustained recovery

Finance Secretary Benjamin Diokno underscored the importance of close coordination between fiscal and monetary authorities and the commitment to the Medium-Term Fiscal Framework (MTFF) in ensuring post-pandemic resilience during the…

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