The Department of Finance (DOF) welcomes the endorsement of the Legislative-Executive Development Advisory Council (LEDAC) of five key fiscal and economic reforms proposed by the Department for legislative approval within…
The Philippines’ unemployment rate fell for the third consecutive month to 4.3 percent in May 2023––the second lowest recorded since April 2005. This is a significant improvement from the 6.0…
Military and uniformed personnel (MUP) officials gathered for the first ever Inter-Agency Summit of Senior Non-Commissioned Officers on June 30, 2023 at the Philippine National Police (PNP) Headquarters in Camp Crame to discuss the proposed MUP pension reform with the economic team.
Headline inflation eased for the fifth consecutive month in June 2023 to 5.4 percent, down from 6.1 percent in May and at its lowest level since the 5.4 percent recorded…
Finance Secretary Benjamin E. Diokno welcomed the Philippines’ standing in the 2023 lnvestor Relations and Debt Transparency Report released by the lnstitute of lnternational Finance (llF) in June 2023. According…
Finance Secretary Benjamin E. Diokno and Asian Development Bank (ADB) Country Director for the Philippines Pavit Ramachandran signed three (3) loan agreements for the Davao Public Transport Modernization Project (DPTMP) on July 1, 2023 at the Acacia Hotel in Davao City.
