Swift enactment of P5.8-T 2024 national budget demonstrates PBBM admin and legislature’s strong collaboration and firm resolve to accelerate economic growth

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.

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186th DBCC Joint Statement

Given the positive developments in the Philippine economy and the recent global trends, the Development Budget Coordination Committee (DBCC) has revisited the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FYs 2023 to 2028.

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PBBM admin to construct Bataan-Cavite Interlink Bridge––one of the world’s longest marine bridges, signs loan agreement with ADB

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.

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PH and Sweden hold joint workshop on dev’t cooperation to strengthen bilateral ties

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.

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DOF priority tax measures advance in Congress

Finance Secretary Benjamin E. Diokno has outlined the Department of Finance’s (DOF) priority tax measures for 2024, the majority of which are in advanced stages in Congress. According to Secretary…

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