Global multilateral institutions and credit rating agencies see an even better year for the Philippines … Continue reading YEARENDER: TRAIN, infra program herald even better year for PHL economy
The Department of Finance (DOF) sealed concessional funding support in 2018 for big-ticket projects under … Continue reading YEARENDER DOF ensures funding for ‘Build, Build, Build’ projects
The Department of Finance (DOF) completed in less than 90 days into the Duterte administration … Continue reading YEARENDER: DOF crafts “game-changing” tax reform package in 2016
A top World Bank official has lauded the Duterte administration for implementing a “proactive and … Continue reading World Bank exec lauds PHL’s ‘proactive, forward-looking’ tax reform program
DID YOU KNOW that based on preliminary data, Tax Reform for Acceleration and Inclusion (TRAIN) revenues reached P68.4 billion in 2018, or 8.1 percent above the target?Date Posted: June 6, 2019
The TRAIN law provides that 70% of incremental revenues will be used to fund infrastructure projects, while 30% will be used for social mitigating measures and investments in education, health, social protection, employment, and housing.
Over 1,000 entrepreneurs take part in ‘Sulong’ regional forumsDate Posted: April 29, 2019
More than 1,000 entrepreneurs, mostly representing small and medium enterprises (SMEs), were consulted by the government on how the government can sustain the economy’s high growth and make it more inclusive, during the series of regional “Sulong Pilipinas” workshops held last month, the Department of Finance (DOF) said.