Dominguez debunks misleading claims on China loans

Finance Secretary Carlos Dominguez III has debunked misleading claims that high interest rates were attached to loans extended by China to the Philippine government to help fund projects under the…

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PHL to UN body: Poverty reduction, financial inclusion plans on track

The Philippines’ medium-term strategy to reduce poverty incidence and achieve financial inclusion for all Filipinos via massive investments in infrastructure and human capital development has made significant strides in the…

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DOF urges Senate to adopt 5% royalty fee for all miners

The Department of Finance (DOF) has made a last-minute appeal to the Senate to pass its original proposal of a uniform royalty rate of 5 percent for all mining operations,…

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Alcohol tax hike to raise P237-B in revenues over 5-year period

A proposal by Sen. Emmanuel Pacquaio to increase the excise tax on alcohol products will raise additional revenues of almost P237 billion over a five-year period and at the same…

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Dominguez sees ‘very good year’ for economic expansion

Finance Secretary Carlos Dominguez III has said the clear growth momentum plus the increased spending power of Filipinos will ensure that the economy will emerge stronger in 2019 despite both…

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Dominguez buys small-denomination RTBs for grandkids

Finance Secretary Carlos Dominguez III is buying small-denomination Retail Treasury Bonds (RTBs) online for his six grandchildren to instill in them the value of saving while, at the same time,…

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