Fiscal Policy

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Wednesday, 3 July 2024
11 Jun 2024
7:29AM

IMF: PH fiscal recovery slower than expected amid economic growth

An International Monetary Fund (IMF) team on Monday conducted meetings with Philippine economic managers and highlighted concerns about the slower-than-expected pace of the country’s fiscal consolidation.
16 May 2024
9:20AM

INSIDER VIEW: Budget deficits and the challenge of PH education

A century ago, Joseph Schumpeter wrote, “the spirit of a people, its cultural level, its social structure, all this and more is written in its fiscal history. The public finances are one of the best starting points for an investigation of society.”
25 Apr 2024
4:05PM

SEC relaxes final cornerstone investor rules

The Securities and Exchange Commission (SEC) dropped the proposed 30-day lockup rule for early initial public offering buyers, known as cornerstone investors, as it issued new guidelines to spur market activity.
24 Apr 2024
3:20PM

Recto Completes Fiscal Team, Appoints New Revenue Operations Chief

Finance Secretary Ralph G. Recto has finalized his fiscal policy team at the Department of Finance (DOF), appointing Atty. Charlito Martin R. Mendoza as the Undersecretary for the Revenue Operations Group.
21 Apr 2024
10:21AM

Recto Gains ADB Support for Digital Tax Reform Amid E-Commerce Surge

In a boost to efforts to enhance tax collection efficiency, Philippine Finance Secretary Ralph G. Recto has successfully secured support from the Asian Development Bank (ADB) for digitalization initiatives.
19 Apr 2024
11:00AM

World Bank to Aid Philippines to Boost Tax System Digitalization

The World Bank has pledged to assist the Philippines in enhancing its tax system through digitalization, according to the Department of Finance.
1 Apr 2024
11:58AM

Recto Urges Empathy for Grassroots in DOF Policies

Finance Secretary Ralph G. Recto has called for the Department of Finance (DOF) to set fiscal policies with more empathy toward people at the grassroots, in an effort to ensure that the economy benefits every citizen.
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