Finance Secretary Benjamin Diokno reiterated confidence in the country’s bright economic outlook, citing expected improvements in inflation, the country’s credit rating, and the performance of the Philippine peso. “Inflation hit…
The Department of Finance (DOF) presented to the Senate key legislative reforms to modernize real property valuation and improve local government finance. “The [Medium-Term Fiscal Framework] proposes measures that will…
Finance Secretary Benjamin Diokno said that the government is planning to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to improve the investment climate and attract…
The Philippines and France looked into expanding development cooperation in agriculture, climate change, and other areas in a courtesy call meeting between Finance Secretary Benjamin Diokno and French Ambassador to…
Finance Secretary Benjamin Diokno instructed the Land Bank of the Philippines (LANDBANK) to lead the country in achieving an inclusive financial system and economic growth, as he underscored the bank's…
Finance Secretary Benjamin Diokno said that the World Bank is keen on supporting the Philippine government in its bid to digitalize services and modernize the bureaucracy. “I am very pleased…
The Philippines and the Asian Development Bank (ADB) discussed further development cooperation and alignment of priorities for the next six years at a courtesy call meeting on Wednesday (August 3)…
Finance Secretary Benjamin Diokno said that the jobs market has continued to improve, citing positive figures from the Philippine Statistics Authority’s (PSA) June 2022 Labor Force Survey results. “While the…
Finance Secretary Benjamin Diokno reassured the public that the economy is on a steady path to recovery and expansion, as demonstrated by the broad-based 7.4 percent gross domestic product (GDP)…
Finance Secretary Benjamin Diokno met with the Ambassador of the United States (US) to the Philippines Marykay Loss Carlson on Monday (August 1) to strengthen Philippine-US development cooperation, especially in…
