DOF expects NG revenues to be within median of ASEAN peers
The Department of Finance (DOF) has reported that the country’s National Government revenues, which stood at P3.0 trillion pesos or 15.5 percent of GDP in 2021, are expected to be…
The Department of Finance (DOF) has reported that the country’s National Government revenues, which stood at P3.0 trillion pesos or 15.5 percent of GDP in 2021, are expected to be…
The Bangsamoro government has paid tribute to President Duterte for honoring his 2016 promise of making the Mindanao peace process among the top priorities of his administration, as demonstrated by…
President Rodrigo Duterte has conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to outgoing Department of Finance (DOF) Secretary Carlos Dominguez III for his exemplary service…
Finance Secretary Carlos Dominguez III has expressed the hope that the achievements of the Intergovernmental Relations Body (IGRB) that had been formed to speed up the transition process of the…
The Philippines and the Asian Development Bank (ADB) have marked their 56 years of productive partnership with the signing of the first tranche of the multilateral institution’s largest single infrastructure…
Reacting to recent statements made by Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera, the Department of Finance (DOF) has clarified that there is no double taxation in the imposition of…
President Rodrigo Roa Duterte conferred the Order of Lakandula with the Rank of Grand Cross (Bayani) to Finance Secretary Carlos G. Dominguez on June 16, 2022 at the Malacañan Palace.
Finance Secretary Carlos Dominguez III, on behalf of the Philippine government, and Chinese Ambassador to the Philippines Huang Xilian, representing the government of the People’s Republic of China, exchange documents on the framework and loan agreements for the RMB 2.34 billion concessional financing package that will fund the construction of a 2-way, 4-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao.
The Philippines and China exchanged Monday (June 13) the documents for a 2.34-billion renminbi loan to finance the construction of a two-way, four-lane bridge connecting Davao City and the Island…
The Land Bank of the Philippines (LANDBANK) and the Development of the Philippines (DBP) have facilitated the distribution of over P8.2 billion for the P5,000 in direct and unconditional cash…