December 2023 | Page 2 of 4 | Department of Finance

PBBM admin to construct Bataan-Cavite Interlink Bridge––one of the world’s longest marine bridges, signs loan agreement with ADB

The Marcos, Jr. administration is set to construct the Bataan-Cavite Interlink Bridge (BCIB)––one of the world’s longest marine bridges, after signing a loan agreement with the Asian Development Bank (ADB) for the first tranche of financing for the project on December 15, 2023.

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December 15, 2023

News

DOF exercises proactive debt management, converts $11.13-B outstanding World Bank loans to fixed rate

The Department of Finance (DOF), through the Bureau of the Treasury (BTr), has exercised proactive debt management by successfully converting the reference rate from floating to fixed on US$ 11.13…

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December 15, 2023

Read more about the article DOF exercises proactive debt management, converts $11.13-B outstanding World Bank loans to fixed rate

Featured / News

PH and Sweden hold joint workshop on dev’t cooperation to strengthen bilateral ties

Key officials from the Philippine and Swedish governments jointly held a workshop on December 13, 2023 to explore potential opportunities for cooperation in financing key infrastructure and development projects in the Philippines to further strengthen the bilateral ties between the two nations.

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December 14, 2023

News

DOF priority tax measures advance in Congress

Finance Secretary Benjamin E. Diokno has outlined the Department of Finance’s (DOF) priority tax measures for 2024, the majority of which are in advanced stages in Congress. According to Secretary…

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December 14, 2023

Read more about the article DOF priority tax measures advance in Congress

News

Philippines and EU hold Third Meeting of the Sub-Committee on Development Cooperation

The Philippines and the European Union (EU) convened the Third Meeting of the Sub-Committee on Development Cooperation in Brussels, Belgium on November 21, 2023. At the meeting, both the Philippines…

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December 13, 2023

Read more about the article Philippines and EU hold Third Meeting of the Sub-Committee on Development Cooperation

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Diokno highlights the need to strengthen real property taxation to boost LGU financial capacity

Finance Secretary Benjamin E. Diokno has highlighted the need to strengthen real property taxation to boost the financial capacity of local government units (LGUs) during the Key Stakeholders’ Dialogue on…

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December 13, 2023

Read more about the article Diokno highlights the need to strengthen real property taxation to boost LGU financial capacity

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(BTr Release) Republic of the Philippines Marks Maiden 5.5-Year Dollar Sukuk Listing in Nasdaq Dubai

Commemorating the listing of the Republic of the Philippines’ (the “Republic”) 5.5-Year Dollar Sukuk in Nasdaq Dubai on December 8, 2023, Secretary of Finance Benjamin E. Diokno and Nasdaq Dubai…

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December 12, 2023

Read more about the article (BTr Release) Republic of the Philippines Marks Maiden 5.5-Year Dollar Sukuk Listing in Nasdaq Dubai

Featured / News

Govt holds PEB in Iloilo City—located in the PH’s fastest-growing region

The government wrapped up its final leg of the Philippine Economic Briefing (PEB) for the year in Iloilo City--situated in the fastest-growing region in the Philippines--where key government officials outlined the Marcos, Jr. administration’s strategies to achieve inclusive and sustainable economic transformation.

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December 11, 2023

News

Diokno optimistic on ADB’s $10-B climate finance support for PH, thanks longstanding dev’t partner

Finance Secretary Benjamin E. Diokno has expressed optimism on the Asian Development Bank (ADB)’s $ 10 billion climate finance support for the Philippines and thanked the Bank for being a…

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December 11, 2023

Read more about the article Diokno optimistic on ADB’s $10-B climate finance support for PH, thanks longstanding dev’t partner

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PH records historic low unemployment rate of 4.2% in October 2023

The Philippines’ unemployment rate further dropped to 4.2 percent in October 2023 from 4.5 percent a month ago, the lowest level recorded since April 2005 and similar to the rate…

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December 7, 2023

Month: December 2023

PBBM admin to construct Bataan-Cavite Interlink Bridge––one of the world’s longest marine bridges, signs loan agreement with ADB

DOF exercises proactive debt management, converts $11.13-B outstanding World Bank loans to fixed rate

PH and Sweden hold joint workshop on dev’t cooperation to strengthen bilateral ties

DOF priority tax measures advance in Congress

Philippines and EU hold Third Meeting of the Sub-Committee on Development Cooperation

Diokno highlights the need to strengthen real property taxation to boost LGU financial capacity

(BTr Release) Republic of the Philippines Marks Maiden 5.5-Year Dollar Sukuk Listing in Nasdaq Dubai

Govt holds PEB in Iloilo City—located in the PH’s fastest-growing region

Diokno optimistic on ADB’s $10-B climate finance support for PH, thanks longstanding dev’t partner

PH records historic low unemployment rate of 4.2% in October 2023

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