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…
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…
Finance Secretary Carlos Dominguez III has assured the public that the government will continue to maintain fiscal discipline as it goes ahead with its aggressive public spending to keep the…
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…
The government is accelerating the rollout of social mitigation measures such as unconditional transfers (UCTs) and fuel vouchers, which need to be complemented by the enactment into laws of a…
A significant portion of the higher April inflation rate could be attributed to higher domestic demand, given that people now have about P32 billion more to spend monthly as a…
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…
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…
The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which…
The economy has started reaping the fruits of the Duterte administration's efforts to achieve high and inclusive growth through its reform initiatives such as the "Build, Build, Build" program and…
