Former Finance Secretary and now Bangko Sentral ng Pilipinas (BSP) Monetary Board Member (MBM) Benjamin E. Diokno officially turned over the Department of Finance (DOF) leadership to newly appointed Finance Secretary Ralph G. Recto in a ceremony on January 15, 2024 at the DOF Office in Manila.
Outgoing Finance Secretary Benjamin E. Diokno will turnover the Department of Finance (DOF) on solid footing to the incoming finance chief.
The Maharlika Investment Corporation (MIC), which shall govern the Maharlika Investment Fund (MIF), held its first board meeting on January 3, 2024 to discuss the Fund’s capitalization and potential projects to tap, among other matters.
Finance Secretary Benjamin E. Diokno said that the swift enactment of the PHP 5.768 trillion GAA for 2024 is a testament to the strong collaboration and firm resolve of the Marcos, Jr. administration and members of both Houses of Congress to accelerate economic growth in the country.
The Marcos, Jr. administration is set to construct the Bataan-Cavite Interlink Bridge (BCIB)––one of the world’s longest marine bridges, after signing a loan agreement with the Asian Development Bank (ADB) for the first tranche of financing for the project on December 15, 2023.
Key officials from the Philippine and Swedish governments jointly held a workshop on December 13, 2023 to explore potential opportunities for cooperation in financing key infrastructure and development projects in the Philippines to further strengthen the bilateral ties between the two nations.
The government wrapped up its final leg of the Philippine Economic Briefing (PEB) for the year in Iloilo City--situated in the fastest-growing region in the Philippines--where key government officials outlined the Marcos, Jr. administration’s strategies to achieve inclusive and sustainable economic transformation.
Finance Secretary Benjamin E. Diokno has underscored the importance of mobilizing blended finance to scale up climate action during a series of events at the 2023 United Nations Climate Change Conference (COP28) Finance Day on December 4, 2023 in Dubai, United Arab Emirates (UAE).
Finance Secretary Benjamin E. Diokno has showcased the progress of the Philippines’ digitalization initiatives and urged the global community to rapidly digitalize payments as a means to accelerate climate action in a 2023 United Nations Climate Change Conference (COP28) side event on December 4, 2023 at the Philippine Pavilion.
Finance Secretary Benjamin E. Diokno has underscored the critical role of coalitions in advancing collective action towards addressing climate change during a Department of Finance (DOF)-led side event as part of the 2023 United Nations Climate Change Conference (COP28) on December 4, 2023 at the Philippine Pavilion.
