News & Views

• 30/07/21

  IRO Press Release on Moody’s Updated Credit Analysis on the Philippines

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• 30/07/21

  Gov’t, private sector must study ‘circular economy’ model to cut PHL carbon emissions, says Dominguez

  Finance Secretary Carlos Dominguez III has called on the government and the private sector to jointly explore the model of a “circular economy” to help reduce waste and lessen the Philippines’ carbon footprint.

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• 29/07/21

  Dominguez cites need for full transparency in extractives sector

  Finance Secretary Carlos Dominguez III has underscored the importance of full transparency in the extractives industries to build public trust and enable policymakers and stakeholders to better assess their costs and benefits to the economy based on fair and accurate information.

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• 28/07/21

  11th PH-Japan infra meeting highlights completed 1-T yen aid to Duterte administration’s BBB, other priority programs

  The Philippines and Japan marked Wednesday (July 28) their 11th high-level meeting on infrastructure development and economic cooperation with the completion this month of the 2017 Japanese commitment of 1 trillion yen (about US$9 billion) in assistance for the Duterte administration’s Build, Build, Build (BBB) program and its other priority initiatives.

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• 28/07/21

  Preemptive action needed vs financial, economic threats of pandemic–Dominguez

  Finance Secretary Carlos Dominguez III has underscored the need for regular systemic risk assessments to enable the government to quickly spot the underlying vulnerabilities of, and anticipate potential threats to, the country’s financial system from the COVID-19 pandemic.

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• 28/07/21

  Dominguez cites tax reform as among key achievements of Duterte administration

  Tax reform, which has provided income tax cuts for individuals and corporations to unleash their economic potential while raising funds for the administration’s unprecedented “Build, Build, Build” infrastructure modernization program, is among the key achievements of the Duterte presidency, Finance Secretary Carlos Dominguez III has said.

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• 27/07/21

  PSALM demands payment of P15.01 B arrears from 2 electric coops, 1 private firm

  The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent final demand letters to two electric cooperatives and a private corporation to compel them to pay over P15.01 billion-worth of combined overdue electricity bills and other charges that remain unpaid despite repeated collection notices sent to them.

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• 26/07/21

  World Bank top exec cites PHL ‘good’ vaccination program

  With the Philippines’ COVID-19 vaccination program “picking up” pace this quarter, the country is now in a “good place” compared to certain other economies in the region struggling to ramp up their capacities to inoculate their populations against the deadly virus, a World Bank (WB) official has said.

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• 25/07/21

  There will be enough COVID-19 vaccine doses before yearend to inoculate 100 percent of adult Filipinos, says Dominguez

  Finance Secretary Carlos Dominguez III reiterated Saturday night that the ongoing vaccine deliveries are expected to reach 171 million doses before the end of the year and these are more than enough to inoculate 70 million or 100 percent of the country’s adult population.

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