DAVAO City — A top-level Spanish delegation has reiterated Spain’s support for President Duterte’s 10-point socioeconomic agenda and lauded his ongoing peace initiatives with insurgent groups as well as his strong campaign against illegal drugs.
Read MoreThe Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment of the Philippines’s full economic prosperity by 2040.
Read MoreFinance Secretary Carlos Dominguez III has vowed to work closely with the Bureau of Internal Revenue (BIR) as it takes on the noble task of ensuring the financial sustainability of the Duterte administration’s ambitious program to keep up the country’s growth streak while bringing poor and underprivileged Filipinos to the economic mainstream by way of unmatched investments in education and health care.
Read MoreThe Department of Finance (DOF) is pushing the implementation of its proposed restructuring of the excise tax on automobiles not only to partly ensure the financial sustainability of the government’s 10-point socioeconomic agenda on inclusive growth, but also to help deal with the worsening traffic crisis in Metro Manila and other highly congested urban centers.
Read MoreThe national government incurred a fiscal deficit in October this year, but it was significantly lower compared to that of the same month a year ago, data from Bureau of the Treasury (BTr) revealed.
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