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PH-EITI makes strides in improving transparency and accountability of extractives sector, strengthens natural resource management

The Philippine Extractive Industries Transparency Initiative (PH-EITI), chaired by the Department of Finance (DOF), has made strides in improving the transparency and accountability of the Philippines’ extractives sector as well…

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November 30, 2023
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S&P affirms PH rating at ‘BBB+/A-2’ with stable outlook in view of the country’s sustained economic recovery and strong external position

S&P Global affirmed the Philippines’ 'BBB+' long-term and 'A-2' short-term sovereign credit ratings with stable outlook in view of the country’s sustained economic recovery and strong external position. In its…

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November 29, 2023
Read more about the article S&P affirms PH rating at ‘BBB+/A-2’ with stable outlook in view of the country’s sustained economic recovery and strong external position
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Diokno: Govt strategies in place to sustain growth and resilience amid slower global growth

Finance Secretary Benjamin E. Diokno shared with the Malacañang press corps on November 28, 2023 the Philippine government’s strategies to sustain robust economic growth and resilience amid the global economic slowdown, following his presentation to President Ferdinand R. Marcos, Jr. in a high-level sectoral meeting on the same day.

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November 28, 2023
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Diokno underscores critical role of finance in fight against climate change

Finance Secretary Benjamin E. Diokno has underscored the critical role of finance in the country’s fight against climate change and highlighted the Department of Finance’s (DOF) initiatives on this front.…

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November 28, 2023
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BOC’s modernization and enhanced trade facilitation under Diokno drive PH to 2nd best among ASEAN in UN Global Survey

The Bureau of Customs (BOC)’s progress in modernizing customs administration and enhancing trade facilitation under the leadership of Finance Secretary Benjamin E. Diokno has driven the Philippines to rank second-best…

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November 28, 2023
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Diokno showcases PH economy strengths, PBBM admin’s initiatives to propel rapid growth thru biz-friendly reforms

Finance Secretary Benjamin E. Diokno has showcased the strengths of the Philippine economy and the Marcos Jr. administration's concerted efforts in propelling rapid growth through the full implementation of business-friendly reforms during his closing remarks at BizNewsAsia’s 22nd Anniversary on November 25, 2023.

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November 26, 2023
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DOF ready to support LGUs’ climate finance mobilization

The Department of Finance (DOF) is prepared to provide local government units (LGUs) with quicker access to climate financing through proper resource mobilization and private sector participation. “The DOF stands…

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November 23, 2023
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PH economy remains firmly on the path to recovery and progress—Diokno

Finance Secretary Benjamin E. Diokno has expressed full confidence that the Philippine economy remains firmly on the path to recovery and progress, as evidenced by its solid economic performance in the first three quarters of the year, the strong gross domestic product (GDP) forecasts for the country by international financial institutions, and the Marcos, Jr. administration’s comprehensive policy thrusts to accelerate economic development.

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November 22, 2023