Finance Secretary Carlos Dominguez III told members of the foreign media that the domestic economy is “where the real action is” in the Philippines and where the Duterte administration intends to score “irreversible achievements” for the benefit of the Filipino people.
Read MoreFinance Secretary Carlos Dominguez III has sought the support of local manufacturers behind the Duterte administration’s Comprehensive Tax Reform Program (CTRP), which, he said, would be a potent tool to encourage enterprise and boost domestic market demand, attract investors and improve the purchasing power of wage earners, and build an inclusive economy.
Read MoreTwo more health advocacy groups have joined the snowballing clamor to adjust the excise taxes on fuel under the proposed Tax Reform for Acceleration and Inclusion (TRAIN) Act to squarely address the worsening air pollution in cities and help mitigate the devastating impact of global warming on the environment.
Read MoreFinance Secretary Carlos Dominguez III has praised the Land Bank of the Philippines’ outstanding employees who received this year’s Gawad Punla awards for their loyalty and dedication, which, he said, have made this financial institution one of the country’s strongest banks and that has thus far been immune from scandals and process failures.
Read MoreSINGAPORE—Finance Secretary Carlos Dominguez III said here the Duterte administration expects to sustain the economy’s growth rate at seven percent over the medium term through an ambitious “Build, Build, Build” program that will generate “an impressive multiplier effect” in the form of more jobs and investments that will finally close the country’s infrastructure backlog.
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