From Congress to Cabinet? Recto trip with Marcos fuels rumor of DOF post
Will House Deputy Speaker Ralph Recto join the Marcos Cabinet?
Tag: Department of Finance
Laging nagmamagaling! Farmers urge Marcos: Sack Ben Diokno, Balisacan
Farmers’ groups are calling on President Ferdinand Marcos Jr. to remove Finance Secretary Benjamin Diokno and Socioeconomic Planning Secretary Arsenio Balisacan from their posts for seeking the temporary reduction of the 35-percent tariff on imported rice.
Rice price cap a crucial stop-gap solution: Diokno
Finance chief Ben Diokno believes that the imposition of the rice price ceiling is “the most prudent course of action at the moment.”
Debt burden only 12.1% of proposed 2024 budget: Diokno
Only P699.2 billion of the proposed P5.768-trillion budget for 2024 is allocated to financing the debt burden, the Department of Finance clarified.
Maharlika fund microsite launched
The Department of Finance has launched a microsite (https://maharlika.dof.gov.ph) on the Maharlika Investment Fund.
Philippines, World Bank sign $600-loan to boost agri-fisheries sector
The Department of Finance and the World Bank have signed a US$600-million loan agreement for the Philippine Rural Development Project Scale-Up.
Small gains: Teodoro, economic team members meet on MUP pension reform
Members of the economic team have met with Department of National Defense (DND) Secretary Gilberto Teodoro Jr. to discuss the military and uniformed personnel (MUP) pension reform.
Enough safeguards to minimize risk: Economic managers defend Maharlika fund
The proposed measure establishing the Maharlika Investment Fund (MIF) adheres to the fundamental principles of economic policy and financial market participation, the economic team of President Ferdinand Marcos Jr. said.
‘Di one time, big time! Diokno defends NLEX toll fee hike
The government carefully studied and analyzed petitions to increase toll fees, assured Department of Finance (DOF) Secretary Benjamin Diokno.
Gov’t working to address ‘poor’ VAT collection
The government is working with the International Monetary Fund to address the country’s low value-added tax efficiency, the Department of Finance said.
