Marcos admin needs additional P249B per year to pay off debt-DOF
Over the next 10 years, the Department of Finance (DOF) has announced that the next administration will need to raise an additional P249 billion in revenue to pay off the …
DOF
Marcos chooses Felipe Medalla as BSP gov, Benjamin Diokno as DOF chief
President-elect Ferdinand, “Bongbong” Marcos Jr., declared on Thursday that Governor Benjamin Diokno of the Bangko Sentral ng Pilipinas will lead the Department of Finance under his administration. Marcos also announced …
DOF opposes suspension of fuel excise tax
The excise tax on oil cannot be suspended because the government will lose P138.8 billion or the equivalent of 0.6 percent of gross domestic product. Department of Finance Assistant Secretary …
Tax hike to pay PH’s COVID-19 debts – Department of Finance
Finance Secretary Carlos Dominguez III on Tuesday said the Department of Finance (DOF) said they are finalizing the proposed and improved tax hike that would repay the Philippines’ increasing debt. …
DOF confident all Filipinos can be vaccinated by January 2022
The Department of Finance (DOF) expects all Filipinos to be vaccinated by January next year. According to DOF Sec Carlos Dominguez III on Thursday, there is a definite vaccine to …
DOF launches anti-corruption page
The Department of Finance (DOF) launched an anti-corruption page on its website as part of its support to the President’s government-wide probe on corruption. DOF said the page can be …
Defensor wants DOF to explain P1.86-T loans
Representative Mike Defensor, House Committee on Public Accounts chair, asked the Department of Finance (DOF) to explain the P1.86 trillion loans the government acquired from January to July this year, …