Purisima: By virtually any sensible measure, we are much better off today than we were 6, or even 18 years ago Using nominal figures to talk about debt is as…
The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against ANTONIO VALERIANO M. BERNARDO (BERNARDO) for Willful Attempt to Evade or Defeat Tax,…
THE REPUBLIC OF THE PHILIPPINES ISSUES NEW 25-YEAR USD-DENOMINATED GLOBAL BONDS AND HAS ANNOUNCED THE RESULTS OF ITS INVITATION FOR OFFERS TO SELL EXISTING US DOLLAR DENOMINATED BONDS FOR CASH…
The Department of Finance-Revenue Integrity Protection Service (DOF-RIPS) has again won several cases filed before the Office of the Ombudsman (OMB) against corrupt revenue sector employees. In a series of…
Down 4.5 percentage points as government oversees vast improvement among GOCCs Outstanding Public Sector Debt (OPSD) was listed at P7.3 trillion as of September 2015, down by 4.5 pp to…
10 February 2016-- Finance Secretary Cesar V. Purisima has signed the Revised Implementing Rules and Regulations (IRR) to Republic Act No. (RA) 7656 or the Government Owned and Controlled Corporations…
Purisima: Trans-Pacific Partnership a golden opportunity we must work hard not to pass up We congratulate the 12 member nations of the Trans-Pacific Partnership as they ink the deal Auckland…
Debt-to-GDP ratio at 44.8% in 2015, a 7.6 ppt difference from 2010; Purisima optimistic on further narrowing 04 February 2016, Manila, Philippines – The National Government’s (NG) outstanding debt was…
US-based think tank lauds liberalization, easier business licensing procedures, reduced corruption The Philippines has scored anew in the area of "economic freedom," being recognized internationally for the sustained improvement in…
The economy grew by 6.3% in the last quarter of 2015 and 5.8% for the full year, the fastest among the ASEAN-5. In a year marked by strong external headwinds,…
