Diokno urges MDBs to provide more concessional financing for low and middle-income countries, accepts role as G-24 Chair for 2023-2024

Finance Secretary Benjamin E. Diokno called for reforms and increased concessionality in the financing models of multilateral development banks (MDBs) to address ongoing global challenges during the Intergovernmental Group of Twenty-Four (G-24) Ministerial Meeting on October 10, 2023.

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PH, South Korea hold first ease of doing business forum for more beneficial and strategic partnerships

Finance Secretary Benjamin E. Diokno briefed the Korean business community on the Philippines’ improved investment environment during the first-ever Korea-Philippines Forum on the Ease of Doing Business on October 6, 2023 at the Department of Finance (DOF) office in Manila.

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Diokno: Gov’t redoubling efforts to mitigate effects of inflation

Finance Secretary Benjamin E. Diokno emphasized that the government is redoubling its efforts to mitigate the effects of inflation after the headline inflation rate for September 2023 reached 6.1 percent.…

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IMF lauds strong PH post-pandemic recovery, growth initiatives

The International Monetary Fund (IMF) mission team, led by IMF Mission Chief Shanaka Jayanath Peiris, presented their assessment on the Philippines and acknowledged its strong post-pandemic growth of 7.6 percent in 2022.

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Publication of the ROP’s Sustainable Bond Allocation and Impact Report

The Republic of the Philippines ("ROP") has published its Sustainable Bond Allocation and Impact Report, as part of its commitments under the Sustainable Finance Framework (“Framework”). The Report details the…

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Diokno underscores need for innovative financing solutions to support physical and digital connectivity projects

Finance Secretary Benjamin E. Diokno underscored the need for innovative financing solutions to support physical and digital connectivity projects during the 2023 Asian Infrastructure Investment Bank (AIIB) Annual Meeting Flagship Event: Enhancing Connectivity in a Challenging World on September 26, 2023 at Sharm El Sheikh, Egypt.

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Diokno represents PH at 2023 AIIB Annual Meeting, tackles role of MDBs in sustainable growth in a challenging world

Finance Secretary Benjamin E. Diokno represented the Philippines in the 8th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), which opened on September 25, 2023 at Sharm El Sheikh, Egypt.

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