department of finance

department of finance

Tax reforms to raise funds for programs to bridge income gap among regions

Finance news
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The proposed tax reform package presented to Congress aims to raise enough revenues for programs meant to bridge the chronic income gap between Metro Manila and the other ...
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Duterte admin keeping seniors’ 20-percent discounts

Finance news
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Finance Department Spokesperson Paola Alvarez said the proposed tax reform program presented by Malacanang’s economic team to Congress last week aims to raise enough revenues to fund targeted ...
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Fiscal Deficit for July 2016 Widens to P50.7 billion

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The National Government’s deficit performance is improving but at a controlled pace, leaving ample fiscal room to support growth for the remainder of the year, according to the ...
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Duterte admin to push data sharing to speed up frontline services

Finance news
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The Department of Finance (DOF) and the newly created Department of Information and Communications Technology (DICT) have started identifying the data to be gathered from various government agencies ...
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DOF puts up website on IRR of customs modernization law

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The Department of Finance (DOF) has set up a website where stakeholders can access information about, and suggest recommendations on, the proposed implementing rules and regulations (IRR) of ...
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GDP grows 7%, Philippine economy continues strong performance

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Finance Secretary Carlos Dominguez III today said last quarter’s Gross Domestic Product (GDP) growth of 7 percent will enable the new government to keep its growth targets on ...
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DOF, BOC start consultations on IRR of new Customs modernization law

Economy News
AUGUST 17, 2016 — The Department of Finance (DOF) and the Bureau of Customs (BOC) started today the first of a series of consultations on the implementing rules and regulations ...
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New law gives small bizmen access to microfinancing

Economy News
In line with President Duterte’s efforts to improve the lives of the most marginalized sectors of Filipinos, the Department of Finance, headed by Sec. Carlos G. Dominguez III, ...
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DOF filing charges vs fugitive Laoag treasurer with missing P85-M city funds

News
While most of the attention is on President Duterte’s crusade against illegal drugs, the government is also cracking the whip against other forms of criminal activities. Weeks after coming ...
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Philippine economy to get boost from manageable inflation rates

Economy News
The Department of Finance (DOF) expects the manageable uptick in the growth of consumer prices to boost domestic demand as well as counterbalance weaker global-growth outlook. In the ...
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