Finance Secretary Carlos Dominguez III has ordered the implementation of penalties ranging from dismissal from the service to suspension without pay against four municipal treasurers and a Bureau of Customs (BOC) agent in connection with separate cases filed before them before the Office of the Ombudsman.
Read MoreNew improved guidelines for submission and P60 million project development support facility launched
Read MoreFinance Secretary Carlos Dominguez III said the Philippine peso’s breaching of the P50 level against the dollar is an expected reaction of the local currency to the anticipated early rate increase by the US Federal Reserve, with other Asian currencies also moving in the same direction.
Read MoreThe proposed comprehensive tax reform program will, if approved in toto, let the Duterte administration improve 44,000 kilometers of national and local roads; build 6,700 health centers and hire nearly 10,000 doctors, nurses and midwives; and attain 100 percent health insurance coverage, along with building 80,000 more classrooms and hiring 157,000 teachers over the next five years, according to Finance Secretary Carlos Dominguez III.
Read MoreThe Department of Finance (DOF) has released its People’s Freedom of Information (FOI) Manual in keeping with the people’s constitutional right to information and the State’s policy of full disclosure of its transactions involving public interest, subject to reasonable conditions prescribed by law.
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