Q1 2023 budget deficit narrows by 14.51% year-on-year

The Bureau of the Treasury (BTr) reported that the National Government’s (NG) budget deficit for the first quarter of 2023 declined by 14.51 percent compared to the same period in…

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DOF encourages corporations to avail of SEC amnesty program

The Department of Finance (DOF) encourages corporations that have incurred fines or whose certificates of registration have been suspended or revoked due to the late and non-filing of certain reportorial…

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DBCC expects revenues to reach P6.6-T in 2028, pursues additional tax measures

The Development Budget Coordination Committee (DBCC) announced the economic team’s pursuit of additional tax measures in order to bolster revenues to finance the Marcos Jr. administration’s socioeconomic development agenda during the DBCC Press Conference on April 24, 2023.

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Diokno to Fil-Chi biz sector: High-quality job creation––cornerstone of economic revitalization

Finance Secretary Benjamin E. Diokno shared the government’s development agenda with business leaders during the Chinese-Filipino Business Club Inc. (CFBCI) Forum with the theme, “Strengthening Economic Resilience and Sustainability: Charting the Path Towards Inclusive Growth,” on April 19, 2023 at the Century Park Hotel, Manila.

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Diokno: Financing climate action, indispensable to economic growth and development

Finance Secretary Benjamin E. Diokno emphasized the need for economies to incorporate climate financing into their development efforts in his message for the Vulnerable Twenty (V20) Group Ministerial Meeting X “From Accra to Marrakech: Advancing Fit-for-Climate Financial Architecture and Development-Positive Climate Action” on April 16, 2023.

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Diokno to US investors: Infrastructure development – front and center of PH growth strategy

Finance Secretary Benjamin Diokno briefed investors on the Philippines’ growth agenda during the Philippine Economic Briefing (PEB) held on the sidelines of the World Bank - International Monetary Fund (WB-IMF) Spring Meetings on April 12, 2023 (Eastern Daylight Time) at the Fairmont Washington, D.C., Georgetown.

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