The Duterte administration’s “hybrid” Public-Private Partnership (PPP) program will help speed up the roll-out of the government’s big-ticket infrastructure projects under its “Build, Build, Build” program as this modified strategy will avoid the protracted negotiations and disputes that often delayed the implementation of previous PPP initiatives, according to Finance Secretary Carlos Dominguez III.
Read MoreFinance Secretary Carlos Dominguez III has lauded the interagency Mining Industry Coordinating Council (MICC) for starting the “fact-finding and science-based” review of mining operations across the country for the first time since the inception of this multisectoral oversight body five years ago.
Read MoreFinance Secretary Carlos Dominguez III has ordered the Bureaus of Customs (BOC) and of Internal Revenue (BIR) to train their sights on the smuggling of rice and four other commodities as they iron out a plan to create a joint task force to run after big-time smugglers.
Read MoreFinance Secretary Carlos Dominguez III has debunked unfounded concerns over the supposed drastic drop in the flow of foreign direct investments (FDIs) into the Philippines as he pointed to the recent “healthy” $2.3-billion capital infusion by two global firms in the country’s manufacturing and energy sectors.
Read MoreActing on the orders of the Office of the Ombudsman, the Department of Finance (DOF) has dismissed from the service for grave misconduct a municipal treasurer from Guimbal, Iloilo for her involvement in the P728-million fertilizer fund scam.
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