Gov’t on track to achieve goal of high and inclusive growth

Finance Secretary Carlos Dominguez III said Friday that Filipinos have reason to remain confident in the Philippines’ growth story, given that economic indicators point to a positive direction as the…

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Filipinos reaping benefits of PRRD eco reforms, says DOF exec

The Duterte administration has carried out a slew of sweeping economic reforms over the past two years that previous political leaderships had failed to do and whose benefits are now…

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Dominguez optimistic on 7% GDP growth

NEW CLARK CITY—Finance Secretary Carlos Dominguez III has expressed confidence in the economy expanding by 7 percent or better over the medium term on the back of the government’s “mammoth…

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Eco reform advocacy group backs corporate tax reform

A public advocacy group with former finance officials, economists and leaders in the banking industry as members has expressed its full support for the proposal of the Department of Finance…

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Social mitigation measures in place vs inflation

The economic managers assured the public Tuesday that the government is fast-tracking the release of the unconditional cash transfers (UCTs) for the country’s poorest households, along with other social mitigation…

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Gov’t has measures to ease impact of global oil prices, says DOF

The Tax Reform for Acceleration and Inclusion (TRAIN) Law allows the suspension of fuel excise tax increases but only under specific conditions, the Department of Finance (DOF) said as it…

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TRAIN not to blame for inflation

A spike in rice prices because of alleged lack of supply, a weak peso, rising oil prices abroad, better tax compliance of local cigarettes, and growing consumer demand accounted for…

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