PH inflation further declines to 4.1% in November 2023

The Philippines’ overall inflation level further declined to 4.1 percent in November 2023 from 4.9 percent in the previous month, which is well within the Bangko Sentral ng Pilipinas (BSP)’s…

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Diokno underscores critical role of coalitions in advancing collective action to address climate change

Finance Secretary Benjamin E. Diokno has underscored the critical role of coalitions in advancing collective action towards addressing climate change during a Department of Finance (DOF)-led side event as part of the 2023 United Nations Climate Change Conference (COP28) on December 4, 2023 at the Philippine Pavilion.

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Diokno stresses urgency in setting up the New Collective Quantified Goal on climate finance

Finance Secretary Benjamin E. Diokno has stressed the urgency of setting up the New Collective Quantified Goal (NCQG) on climate finance in order to strengthen countries’ climate action during a high-level ministerial dialogue as part of the 2023 United Nations Climate Change Conference (COP28) on December 3, 2023.

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Diokno: PH’s Nationally Determined Contribution and National Adaptation Plan to resolve info gap with climate finance providers

Finance Secretary Benjamin E. Diokno has spotlighted the Philippines’ Nationally Determined Contribution (NDC) and National Adaptation Plan (NAP), which will resolve the information gap between the country and climate finance providers during a high-level dialogue on December 2, 2023.

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Diokno joins ribbon-cutting ceremony for the opening of the Philippine Pavilion at COP28

Commencing the participation of the Philippines in the 2023 United Nations Climate Change Conference (COP28), Finance Secretary Benjamin E. Diokno joined the country’s delegation in a ribbon-cutting ceremony for the opening of the Philippine Pavilion at the Al Wasl Area in Expo City, Dubai, United Arab Emirates (UAE).

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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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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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