For the month of August 2013, the BIR collected Php118.11billion in tax revenues, Php21.35 Billion or 22.07% more than collections made in August 2012. The BIR significantly achieved its goal,…
World Bank - PDIC partnership. World Bank Country Director for the Philippines Motoo Konishi (4th from left) turned over the customized bank prediction model to PDIC Executive Vice President Imelda…
The Bureau of Treasury (BTr) today said that contrary to claims made by Sen. Ralph Recto, P137.288 billion in Malampaya Funds remain intact in the National Government, with collections and…
"From the perspective of the Philippines, Ms. Janet Yellen is an excellent and worthy choice as successor to Chairman Ben Bernanke of the Federal Reserve. Her nomination is an historic…
"As part of our goal to institutionalize good governance through legislation, I would like to reiterate the Department's support for House Bill No. 2765, An Act Rationalizing the Grant and…
The National Government posted a deficit of P53.2 billion last July, bringing the year-to-date deficit to P104.5 billion, on track to meet the government program for the first three quarters…
9 September 2013 Manila, Philippines – The National Government incurred a P53 billion deficit in July as higher government operating expenses paced higher than expected revenue collections. The July deficit…
