Finance Secretary Benjamin Diokno said that the Philippines is on track to achieving its growth targets as the economy sustained its growth momentum in the first quarter of 2023 with…
The Philippines is seeing continued improvements in the labor market as the unemployment rate further dropped to 4.7 percent in March 2023, down from 5.8 percent in March 2022. “With…
Headline inflation slowed down for the third consecutive month in April 2023 to 6.6 percent from the 7.6 percent in March, bringing the average inflation rate from January to April…
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and Department of Finance (DOF) Undersecretary Mark Dennis Y.C. Joven led the Philippine delegation during the 26th ASEAN+3 Finance Ministers and Central…
Department of Finance (DOF) Undersecretary Mark Dennis Y.C. Joven delivered a keynote address welcoming the launch of the ADB-ASEAN+3 Report on Reinvigorating Financing Approaches for Sustainable and Resilient Infrastructure in ASEAN+3 at the Ministerial Launch Event held on May 2, 2023 on the sidelines of the 56th Annual Meeting of the Asian Development Bank (ADB) Board of Governors in Incheon, Korea.
The Bureau of the Treasury (BTr) reported that the National Government’s (NG) budget deficit for the first quarter of 2023 declined by 14.51 percent compared to the same period in…
The Department of Finance (DOF) lauded the approval and publication of the 2023 Revised Guidelines and Procedures for Entering into Joint Venture (JV) Agreements between Government and Private Entities. The…
The Department of Finance (DOF) encourages corporations that have incurred fines or whose certificates of registration have been suspended or revoked due to the late and non-filing of certain reportorial…
The Department of Finance (DOF) celebrated on April 24, 2023 126 years of serving the Filipino people as the country’s steward of sound fiscal policy.
