Diokno bares six-year plan for fiscal stability and economic development

Finance Secretary Benjamin Diokno has disclosed details of the government's first-ever Medium-Term Fiscal Framework (MTFF) that is aimed at reducing the deficit, promoting fiscal sustainability, and enabling robust economic growth.…

Comments Off on Diokno bares six-year plan for fiscal stability and economic development

Diokno confident Medalla to sustain game-changing reforms in BSP

Finance Secretary Benjamin Diokno said Monday (July 4) he is confident that new Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla will continue the game-changing reforms he has implemented under…

Comments Off on Diokno confident Medalla to sustain game-changing reforms in BSP

In his first-ever speech as Finance Secretary, former Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno expressed his confidence that incumbent governor Felipe M. Medalla will continue the game-changing reforms that have kept the institution ‘agile and innovative’. “We have gone through a crisis like no other, with no emergency response playbook to which we could refer. But we kept our eyes on the ball. We remained agile and innovative. We boosted market confidence. We implemented extraordinary liquidity measures,” Secretary Diokno said during BSP’s 29th Anniversary and Turnover Ceremony held earlier today, July 4.

Comments Off on

Dominguez places PCIC under the supervision of Insurance Commission

Finance Secretary Carlos Dominguez III has placed the Philippine Crop Insurance Corp. (PCIC) under the supervision of the Insurance Commission (IC) to empower the latter to regularly examine the financial…

Comments Off on Dominguez places PCIC under the supervision of Insurance Commission

DOF unveils commemorative stamps

Finance Secretary Carlos Dominguez III and Philippine Postal Corporation (PhilPost) Postmaster General-CEO Norman Fulgencio led the unveiling Wednesday morning (June 29) of the commemorative stamps marking the 125th anniversary of…

Comments Off on DOF unveils commemorative stamps

GOCCs remit record P374.5-B dividends under Duterte administration

Government-owned and -controlled corporations (GOCCs) have remitted a precedent-setting P374.54 billion in cash dividends to the National Treasury from the time President Duterte took office in July 2016 up to…

Comments Off on GOCCs remit record P374.5-B dividends under Duterte administration