President Ferdinand R. Marcos Jr.'s marching order to revise the Implementing Rules and Regulations (IRR) of the Build-Operate-and-Transfer (BOT) Law has been accomplished within his first 100 days in office.…
Finance Secretary Benjamin Diokno noted private sector participation to be a critical factor in the Philippines’ economic recovery prospects. “The participation of the private sector will be critical in our…
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA On 5 October 2022, Republic of the Philippines (the "Republic") successfully returned to…
Finance Secretary Benjamin Diokno underscored the importance of broadening the tax base to boost the National Government’s revenue collection and ease the tax burden on Filipinos. “When you have a…
Headline inflation for September 2022 climbed to 6.9 percent from 6.3 percent last month, driven by persistent high food and fuel prices and transportation costs. Meanwhile, the year-to-date inflation stood…
Finance Secretary Benjamin Diokno commended the development of the country’s first mobile human-assisted remote banking service that seeks to provide banking services to far-flung communities. “This pioneering innovation complements the…
Finance Secretary Benjamin Diokno urged the Social Security System (SSS) to continue improving its investments earnings amid a rapidly expanding domestic economy and improved business outlook. “We must continuously strive…
Finance Secretary and Asian Development Bank (ADB) Governor for the Philippines Benjamin E. Diokno underscored the importance of cooperation among member countries of the ADB in ensuring sustainable and inclusive…
Finance Secretary Benjamin Diokno thanked the House of Representatives for the careful deliberation and swift approval of the proposed Fiscal Year (FY) 2023 budget of the Department of Finance (DOF).…
Finance Secretary Benjamin E. Diokno and South Korea Deputy Prime Minister Kyungho Choo formally exchanged the final draft of the Framework Arrangement that will enable the Philippines to access South…
