The Department of Finance (DOF), through the Bureau of the Treasury (BTr), has exercised proactive debt management by successfully converting the reference rate from floating to fixed on US$ 11.13…
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.
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…
The Philippines and the European Union (EU) convened the Third Meeting of the Sub-Committee on Development Cooperation in Brussels, Belgium on November 21, 2023. At the meeting, both the Philippines…
Finance Secretary Benjamin E. Diokno has highlighted the need to strengthen real property taxation to boost the financial capacity of local government units (LGUs) during the Key Stakeholders’ Dialogue on…
Commemorating the listing of the Republic of the Philippines’ (the “Republic”) 5.5-Year Dollar Sukuk in Nasdaq Dubai on December 8, 2023, Secretary of Finance Benjamin E. Diokno and Nasdaq Dubai…
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 expressed optimism on the Asian Development Bank (ADB)’s $ 10 billion climate finance support for the Philippines and thanked the Bank for being a…
The Philippines’ unemployment rate further dropped to 4.2 percent in October 2023 from 4.5 percent a month ago, the lowest level recorded since April 2005 and similar to the rate…
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).
