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Recto urges Congress to partner with DOF in passing crucial reforms to reduce PH deficit and debt

Finance Secretary Ralph G. Recto today urged the Congress to partner with the Department of Finance (DOF) in swiftly passing crucial reforms needed to reduce the Philippines’ deficit and debt levels during the 2024 Philippine Economic Outlook Briefing and Luncheon at the Admiral Hotel, Manila.

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January 18, 2024

Featured / News

Recto calls for study of carbon pricing instruments, underscores need to identify optimal mix for PH

Finance Secretary Ralph G. Recto has called for the study of carbon pricing instruments and underscored the need to identify an optimal mix thereof, which will help the Philippines move towards a greener future.

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January 17, 2024

Featured / News

Ex-Finance Chief Diokno officially turns over DOF to Recto

Former Finance Secretary and now Bangko Sentral ng Pilipinas (BSP) Monetary Board Member (MBM) Benjamin E. Diokno officially turned over the Department of Finance (DOF) leadership to newly appointed Finance Secretary Ralph G. Recto in a ceremony on January 15, 2024 at the DOF Office in Manila.

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January 15, 2024

News

Recto takes DOF helm, unveils key strategies for faster inclusive growth

Newly appointed Finance Secretary Ralph G. Recto has outlined key strategies to steer the nation faster towards inclusive growth that benefits every citizen, enhances their quality of life, and safeguards…

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January 12, 2024

Read more about the article Recto takes DOF helm, unveils key strategies for faster inclusive growth

Featured / News

Diokno will turn over DOF to incoming finance chief on solid footing

Outgoing Finance Secretary Benjamin E. Diokno will turnover the Department of Finance (DOF) on solid footing to the incoming finance chief.

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January 12, 2024

News

PH labor market continues to improve, records historic low unemployment rate of 3.6% in November 2023

The Philippines’ labor market continues to improve with its unemployment rate reaching the lowest level since 2005 at 3.6 percent in November 2023. The latest unemployment figure translates to 1.83…

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January 9, 2024

Read more about the article PH labor market continues to improve, records historic low unemployment rate of 3.6% in November 2023

News

BOC revenue collection, drive vs smuggling, digitalization initiatives in higher gear in 2023

The Bureau of Customs (BOC) has further intensified its revenue collection, drive against smuggling, and enhanced trade facilitation through digitalization initiatives in 2023. As of December 31, 2023, the BOC…

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January 8, 2024

Read more about the article BOC revenue collection, drive vs smuggling, digitalization initiatives in higher gear in 2023

News

BIR ramps up tax compliance and enforcement drives in 2023, results in higher collection performance

The Bureau of Internal Revenue (BIR) has ramped up its tax compliance and tax enforcement drives in 2023, resulting in increased collection performance of PHP 2.34 trillion as of November…

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January 8, 2024

Read more about the article BIR ramps up tax compliance and enforcement drives in 2023, results in higher collection performance

News

Newly signed Ease of Paying Taxes Act to modernize PH tax administration and strengthen taxpayer rights

Finance Secretary Benjamin E. Diokno welcomed the enactment of the Ease of Paying Taxes (EOPT) Act, which was signed into law as Republic Act No. (RA) 11976 by President Ferdinand…

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January 8, 2024

Read more about the article Newly signed Ease of Paying Taxes Act to modernize PH tax administration and strengthen taxpayer rights

News

DOF collects higher dividends in 2023

The Department of Finance (DOF)’s Privatization and Corporate Affairs Group (PCAG) has collected a total of PHP 99.98 billion in dividends from Government-Owned or -Controlled Corporations (GOCCs) in 2023, exceeding…

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January 8, 2024

Category: News

Recto urges Congress to partner with DOF in passing crucial reforms to reduce PH deficit and debt

Recto calls for study of carbon pricing instruments, underscores need to identify optimal mix for PH

Ex-Finance Chief Diokno officially turns over DOF to Recto

Recto takes DOF helm, unveils key strategies for faster inclusive growth

Diokno will turn over DOF to incoming finance chief on solid footing

PH labor market continues to improve, records historic low unemployment rate of 3.6% in November 2023

BOC revenue collection, drive vs smuggling, digitalization initiatives in higher gear in 2023

BIR ramps up tax compliance and enforcement drives in 2023, results in higher collection performance

Newly signed Ease of Paying Taxes Act to modernize PH tax administration and strengthen taxpayer rights

DOF collects higher dividends in 2023

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