DOF to work closer with new Congress on further reform measures

NEW CLARK CITY—Secretary Carlos Dominguez III has bared plans for the Department of Finance (DOF) to work more closely with members of the incoming 18th Congress in passing further reforms…

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Philippines, Japan sign US$202-M loan accord for Mindanao road project

NEW CLARK CITY—Philippine and Japanese officials signed here Tuesday (June 18) an agreement providing the Philippines with a US$202.04-million loan from Japan to finance the construction and improvement of roads…

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Past gov’t missed chance to close infra gap

The past administration missed the opportunity to start closing the country’s yawning infrastructure gap by taking advantage of very low interest rates on loans that would have raised funds for…

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Marawi bonds to be issued soon for large-scale rehab projects

The government is contemplating several features to make the ‘Marawi bonds’ attractive to investors in order to augment the massive funds necessary for the second, cash-intensive phase of the comprehensive…

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DOF studying ways to engage incoming Congress on priority bills

Secretary Carlos Dominguez III has ordered Department of Finance (DOF) officials to study ways of actively engaging lawmakers in the incoming Congress to speed up the approval of the rest…

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PRRD fastest to act in reining in inflation

The Duterte administration took only 11 months to tame elevated inflation rates to below 4 percent, the fastest in almost two decades, compared to previous government efforts to rein in…

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8th Philippines-Japan Infra Meeting set in Clark this June

High-level Philippine and Japanese officials are set to resume discussions on the progress of Japan-funded infrastructure projects under the “Build, Build, Build” program and other areas of economic cooperation between…

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Admin landslide victory in polls shows voters want further PRRD reforms

The clean sweep by administration-backed candidates in last month’s midterm elections illustrates the desire of the Filipino people for President Duterte to continue his pragmatic program of reforms that he…

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DOF UPDATE: WATCH LIVESTREAM NOTIFICATION JUNE 7, 2019

Finance Secretary Carlos G. Dominguez will deliver his keynote address focusing on the fiscal and economic priorities of the Duterte administration before members of the 22 sponsoring organizations and guests…

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