The Department of Finance (DOF) underscored the importance of public access to local government financial data in monitoring and improving the performance of local government units (LGUs). “We acknowledge the…
Finance Secretary Benjamin Diokno reaffirmed the Marcos administration’s commitment to invest in the digital economy as he underscored the valuable role of technology in finance. “Technology has a well-defined role…
President Ferdinand R. Marcos Jr. approved the Philippine Development Plan (PDP) 2023-2028 at the National Economic and Development Authority (NEDA) Board meeting on December 16, 2022. PDP 2023-2028 shall guide…
President Ferdinand R. Marcos Jr. signed into law Republic Act (RA) No. 11936 or the General Appropriations Act (GAA) of 2023 in a ceremony held at the Malacañan Palace on…
President Ferdinand R. Marcos Jr. led a series of meetings with European-based businesses during his three-day working visit to Brussels, Belgium to showcase investment opportunities in the Philippines. Finance Secretary…
President Ferdinand R. Marcos, Jr. highlighted the Philippines’ new role as country coordinator for the dialogue between the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) at…
We, the Economic Managers of the Marcos Jr. Administration, strongly support the creation of the Maharlika Wealth Fund as a vehicle to move forward the Agenda for Prosperity and achieve the economic goals of the administration.
The Philippine Statistics Authority (PSA)’s October 2022 Labor Force Survey (LFS) recorded the lowest unemployment rate since 2005 at 4.5 percent. This is remarkably lower than the 7.4 percent outturn…
The Department of Finance (DOF) and the Global Green Growth Institute (GGGI) signed an implementation agreement for the country’s Green Climate Fund (GCF) Readiness Program that seeks to speed up…
The House of Representatives approved on third reading a bill that seeks to simplify the taxation of passive income, and financial intermediaries and transactions on November 14, 2022. “Passing this…
