POGOs not a huge part of PH economy: Marcos
President Ferdinand Marcos Jr. believes that Philippine offshore gaming operators do not contribute significantly to the national economy.
President Ferdinand Marcos Jr. believes that Philippine offshore gaming operators do not contribute significantly to the national economy.
President Ferdinand Marcos Jr. successfully conveyed the strength of the Philippine economy at the World Economic Forum, a Cabinet official said.
The House of Representatives will work harder next year to ensure that the country’s economic gains would translate to better living conditions for Filipino families.
Executive Secretary Lucas Bersamin and Finance Secretary Benjamin Diokno are “two honorable and distinguished gentlemen,” according to Senator Grace Poe.
The Department of Finance (DOF) admitted Tuesday (October 11) that its recommendation to ban Philippine offshore gaming operators (POGOs) were based on mere news reports and anecdotes because the “monetary values of social costs are difficult to compute.”
Finance Secretary Benjamin Diokno told members of the House Committee on Appropriations that the distribution of cash assistance in relation to the COVID-19 pandemic should be discontinued.
Department of Finance (DOF) Secretary Benjamin Diokno dismissed on Tuesday speculation that the country is on the brink of a debt crisis.
The Department of Finance (DOF) clarified on Wednesday that President Ferdinand Marcos, Jr. was “misunderstood” when he disputed the country’s inflation rate soaring to 6.1 percent in June.
Northern Samar Rep. Paul Daza on Wednesday warned incoming Finance Secretary Benjamin Diokno against the alleged Samar group in the Bureau of Customs (BOC), composed of insiders, brokers, and fixers.
A day after his proclamation, President-elect Ferdinand Marcos Jr. disclosed that Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno has agreed to be his Finance Secretary.