Finance Secretary Benjamin Diokno welcomed Moody’s Investors Service’s rating decision on Thursday (September 15), which reaffirmed the Philippines’ Baa2 with a “stable” outlook, citing the resilience of the country’s economic…
Finance Secretary Benjamin Diokno joined the official delegation of President Ferdinand “Bongbong” Marcos, Jr. on the administration’s first-ever state visit in New York, United States of America (USA), where the…
The Philippine government and German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) signed an implementation agreement for a technical assistance grant to make climate information readily accessible to the…
The Fiscal Incentives Review Board (FIRB) agreed to allow the transfer of registered Information Technology and Business Process Management (IT-BPM) companies to the Board of Investments (BOI) in an effort…
Finance Secretary Benjamin Diokno assured senators that the proposed 2023 National Budget will support strong and accelerated economic expansion. “Allow me to assure you, the honorable members of this chamber,…
Finance Secretary Benjamin Diokno underscored the critical role of sustainable finance in driving the country’s shift to climate change adaptation and mitigation practices. “Climate change is the greatest threat facing…
Finance Secretary Benjamin Diokno issued Local Finance Circular (LFC) No. 001.2022 on September 1, 2022, which provides guidelines on the imposition of local business tax (LBT), fees and charges on…
Finance Secretary Benjamin Diokno urged tax professionals to support the country in its shift to the digital economy. “We must do this now, and I ask for your support to…
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla convened the Financial Stability Coordination Council (FSCC) as the new Chairman of the Council. Governor Medalla highlighted the challenging global market…
