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DOF and DOE sign joint memorandum circular granting LGU tax exemptions to electric co-ops, empowering them to expand electricity access to all Filipinos

The Department of Finance (DOF) and the Department of Energy (DOE) signed on December 4, 2024 a joint memorandum circular that allows qualified electric cooperatives (ECs) to seek tax exemptions…

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December 20, 2024
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Recto: Signing of crucial agreements to jumpstart fruition of 5 PPP transport projects a monumental Christmas gift to Filipinos

Finance Secretary Ralph G. Recto highlighted that the recent signing of crucial agreements to jumpstart the fruition of five Public-Private Partnership (PPP) transportation projects is a monumental gift to Filipinos…

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December 18, 2024
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Recto sees stronger economy in 2025 with the enactment of new laws that will boost the tourism industry and local spending, and enhance food security

Finance Secretary Ralph G. Recto is optimistic about the Philippines' economic prospects in 2025, fueled by the recent enactment of two key laws aimed at boosting the tourism industry and…

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December 9, 2024
Read more about the article Recto sees stronger economy in 2025 with the enactment of new laws that will boost the tourism industry and local spending, and enhance food security
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Recto: Inflation stays firmly within the target range, reflects govt’s effective interventions to ease supply pressures for key food items especially rice

Finance Secretary Ralph G. Recto highlighted that the country’s inflation rate stays firmly within the target range, reflecting the government’s effective interventions to ease supply pressures for key food items,…

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December 5, 2024
Read more about the article Recto: Inflation stays firmly within the target range, reflects govt’s effective interventions to ease supply pressures for key food items especially rice