DOF reconvenes Green Force, discusses next steps on Sustainable Finance Roadmap

The Department of Finance (DOF) reconvened the Inter-Agency Task Force on Sustainable Finance (ITSF), otherwise known as the Green Force, on May 12, 2023 at the DOF Office in Manila to discuss the status and next steps in the implementation of the Sustainable Finance Roadmap and its Guiding Principles.

Comments Off on DOF reconvenes Green Force, discusses next steps on Sustainable Finance Roadmap

Agreement to enhance LGUs’ revenue generating capacity and integrate information systems for property taxation signed

Finance Secretary Benjamin Diokno led the ceremonial signing of the Local Governance Reform Project (LGRP) Memorandum of Agreement (MOA) between the Department of Finance – Bureau of Local Government Finance (DOF-BLGF) and Prototype local government units (LGUs), State Universities and Colleges (SUCs), and partner government institutions on May 11, 2023 at the Philippine International Convention Center (PICC).

Comments Off on Agreement to enhance LGUs’ revenue generating capacity and integrate information systems for property taxation signed

PH attends 26th ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting to strengthen regional financial cooperation

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and Department of Finance (DOF) Undersecretary Mark Dennis Y.C. Joven led the Philippine delegation during the 26th ASEAN+3 Finance Ministers and Central…

Comments Off on PH attends 26th ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting to strengthen regional financial cooperation

DOF welcomes the launch of ADB-ASEAN+3 Report on innovative financing solutions for sustainable infra

Department of Finance (DOF) Undersecretary Mark Dennis Y.C. Joven delivered a keynote address welcoming the launch of the ADB-ASEAN+3 Report on Reinvigorating Financing Approaches for Sustainable and Resilient Infrastructure in ASEAN+3 at the Ministerial Launch Event held on May 2, 2023 on the sidelines of the 56th Annual Meeting of the Asian Development Bank (ADB) Board of Governors in Incheon, Korea.

Comments Off on DOF welcomes the launch of ADB-ASEAN+3 Report on innovative financing solutions for sustainable infra

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.

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

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.

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

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.

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