The General Government (GG) debt reached the P5-trillion mark as of end-September 2016 as the GG debt-to-GDP (Gross Domestic Product) ratio improved to 35.5 percent compared to the 36.7 percent…
Beijing has agreed to study Manila’s proposal to implement through hybrid or co-financing arrangements with multilateral institutions the big-ticket Philippine projects that had been submitted to China for possible funding…
Department of Finance (DOF) Assistant Secretary Paola Alvarez has called on critics of the DOF-proposed Comprehensive Tax Reform Program (CTRP) to come up with an alternative tax plan thatcould make…
Former Finance Secretary Margarito Teves along with sectoral leaders have expressed to the Congress their support for a provision under House Bill No. 4774 that seeks to adjust the diesel…
Ranking Chinese officials have pledged their full cooperation and support for the speedy implementation of the proposed projects presented by a high-level delegation from Manila for possible financing by Beijing…
Some 10 million households belonging to the poorest 50 percent of the population will benefit from the proposed fuel excise tax hike under the tax reform bill filed by Rep.…
A robust domestic economy with a healthy foreign exchange (forex) buffer, a strong banking system and a young, educated work force are among the key factors that will sustain the…
The Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) is crucial to strengthening the Philippines’ weak infrastructure backbone that constrains economic inclusion and prevents the country from catching up with…
Secretary Carlos Dominguez III of the Department of Finance (DOF) has signed a new set of revenue regulations providing relief to taxpayer-claimants whose value-added tax (VAT) credit or refund claims…
Manila and Beijing are speeding up the implementation of several agreements forged last year between the two countries, including the establishment of drug rehabilitation facilities and the acquisition of law…
