Highlights:
-Finance Secretary Dominguez says Filipinos support tax reform as legislators who pushed for it have won in the recent election.
-Amid the expected economic slowdown due to some setbacks on weather and the ongoing trade war, Finance Secretary Dominguez remains confident that the country’s economy will grow between 6-7 percent in the coming years.
-Finance Secretary Dominguez says the country set a record in taming inflation within 10-11 months. Dominguez attributed the skyrocketing of inflation rates in 2018 to high fuel prices and poor performance of the agriculture sector.
-Finance Secretary Dominguez notes the Bureau of Customs’ performance in meeting revenue targets, but also admits the agency has a long way to go in addressing corruption. Dominguez reveals that the agency is looking to use automation and reducing human intervention in its drive to curb corruption.
-Finance Secretary Dominguez denies allegations of his meddling in the House Speakership race. Dominguez says he gave criteria for a speakership candidate when the President asked for his opinion, but adds he “gave no names.”