On behalf of the Philippine Government, Finance Secretary Benjamin E. Diokno signed the Metro Rail Transit (MRT) Line 3 Rehabilitation Project (II) loan agreement with Japan International Cooperation Agency (JICA), represented by Chief Representative in the Philippines Sakamoto Takema, on May 26, 2023 at the Department of Finance (DOF) office in Manila.

Recently appointed World Bank (WB) Managing Director (MD) for Operations Anna Bjerde paid a courtesy visit to Philippine cabinet members at the Malacañang Palace on May 23, 2023 to align the Bank’s priorities with the Philippines’ development agenda.

The Asian Development Bank (ADB), led by President Masatsugu Asakawa, hosted a reception for President Ferdinand Marcos, Jr. in celebration of its longstanding partnership with the Philippines at the ADB headquarters in Mandaluyong City on May 22, 2023.

The Economic Development Group (EDG) held its first principals-level meeting on May 17, 2023 at the Department of Finance (DOF) in Manila to harmonize, coordinate, complement, and synergize government efforts, with particular focus on mitigating inflation and fostering inclusive and sustained growth.

The economic managers, led by Finance Secretary Benjamin E. Diokno, are seeking the approval of Senate Bill No. 2020 establishing the Maharlika Investment Fund (MIF) on third reading before session adjourns on June 2, 2023.

Finance Secretary Benjamin Diokno identified the necessary measures needed to solve long-standing issues on water security for true economic and social transformation as detailed in the Philippine Development Plan (PDP) 2023-2028.

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.

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).

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…

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.