As the country’s official representative to the World Bank, the Department of Finance has been regularly seconding key personnel to the Bank’s Board of Directors.
Read MoreTRANSCRIPT: Speech of Finance Sec. Cesar Purisima, Asean Finance Minister Investment Seminar, HK, October 2012
Read MoreA little more than two years after the Aquino administration took office, the Philippines has successfully placed itself just one notch below investment grade in all three major credit ratings agencies after nine positive ratings action since July 2010.
Read More“We thank Moody’s for recognizing the significant progress that the Aquino administration has undertaken to improve the country’s economic fundamentals. This 9th positive ratings action is another affirmation of the President’s agenda and our underlying belief that good governance is good economics. It has been a decade since all three major ratings agencies rated us a notch below investment grade.
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against ELVINARIO A. VALENZUELA (VALENZUELA) for willful attempt to evade or defeat payment of tax and for willful failure to file his Income Tax Returns (ITR) for Taxable Years (TY) 2009 and 2010, in violation of Section 254 and Section 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
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