Finance Secretary Benjamin Diokno cited the importance of improving the inclusive and data-informed management of the extractive industries in driving long-term economic expansion as he cited its PHP363-billion contribution to government revenues from 2012 to 2019.

Special Advisor to the Prime Minister of Japan Dr. Mori Masafumi renewed the Japanese government’s commitment to development cooperation with the Philippines during the 13th Philippines-Japan High-Level Meeting of the…

Finance Secretary Benjamin Diokno emphasized that addressing inflation remains the top priority of the Marcos administration, as headline inflation for October 2022 rose to 7.7 percent from the previous month’s…

Credit rating agency Fitch Ratings affirmed its earlier investment-grade credit rating of BBB with a negative outlook for the Philippines, citing the country’s strong growth, external finances and a credible…

The Department of Finance (DOF) vows to strengthen the development of the housing and real estate sectors in the country through fiscal policy. “We will continue to strengthen the pillars…

The Department of Finance (DOF) challenged local government units (LGUs) to keep up with its target to digitalize government processes and services. “We are challenging LGUs to keep up and…

Finance Secretary Benjamin Diokno and Budget Secretary Amenah F. Pangandaman briefed the US-ASEAN Business Council (US-ABC) on the Philippines’ improved investment laws and policies, underscoring the country's readiness to welcome…

The Department of Finance (DOF) advised local government units (LGUs) to strengthen their revenue mobilization capacities through real property tax collections in order to support the country’s economic resurgence. “Real…

The Marcos administration has streamlined private sector participation processes to encourage more investments in the country through the passage of structural reforms and amendments to Philippine investment laws. “We have…

Finance Secretary Benjamin Diokno assured the Information Technology and Business Process Management (IT-BPM) industry that the government is committed to boosting its growth. “The Philippine government stands ready to support…