Finance Secretary Carlos Dominguez III has welcomed the support offered by the United Kingdom (UK) to the Climate Change Commission (CCC)’s advocacy on banning single-use plastics, along with UK’s continuing strong partnership with the Philippines on accelerating both infrastructure development and financial inclusion.
Read MoreAn improved valuation method implemented by the Bureau of Customs (BOC) on taxing mobile or cellular phone (cellphone) shipments entering the country has resulted to a 27-percent jump in revenues to P2 billion in the first four months of this year, despite lower volumes of these imports compared to the same period in 2020.
Read MoreThe Philippines has renewed its call for the just and equitable distribution of COVID-19 vaccines to ensure the access of lower-income and developing countries to these life-saving medical interventions amid the prolonged pandemic.
Read MoreIncreasing financial assistance to farmers, strengthening education’s focus on science and technology (S&T) and integrating government portals and services to make transactions easier amid the COVID-19 pandemic were among the Top 10 actionable recommendations submitted by the private sector at this year’s first virtual Sulong Pilipinas forum.
Read MoreThe Department of Finance (DOF) has successfully pushed for the congressional passage of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and the signing into law of a new “sin” tax reform package in 2020, while providing technical support in monitoring the implementation of other key reform socioeconomic measures, such as the Rice Tariffication Law (RTL) and the National ID system.
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Finance Secretary Carlos Dominguez III has underscored the need for public-private partnerships in the development and mass production of vaccines and other medical requirements to help end the prolonged COVID-19 pandemic.
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The Philippine Guarantee Corp. (PhilGuarantee) has continued to grow its guarantee program for viable but pandemic-hit micro, small and medium enterprises (MSMEs) for the third straight month since its launch in December 2020, with a total of P1.47 billion in loans guaranteed as of end-March this year.
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