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Finance Secretary Benjamin E. Diokno called on the private sector to promote Real Estate Investment Trust (REIT) offerings to fuel economic development during the 5th REIT Philippines Investor Summit on September 19, 2023 at Okada Manila.
Finance Secretary Benjamin E. Diokno briefed the Korean business community on the Philippines’ improved investment environment during the first-ever Korea-Philippines Forum on the Ease of Doing Business on October 6, 2023 at the Department of Finance (DOF) office in Manila.
Finance Secretary Benjamin E. Diokno detailed the Marcos administration’s policies and projects supported by official development assistance (ODA) financing to transform the agriculture sector during the European Chamber of Commerce of the Philippines (ECCP)’s 6th Sustainable Agriculture Forum on September 7, 2023 at the Dusit Thani Manila.
The Republic of the Philippines (ROP) has published its Sustainability Bond Allocation and Impact Report, which details the estimated environmental and social impact of eligible social and/or green projects funded through sustainable financing instruments, implemented in coordination with concerned implementing National Government Agencies.
The country’s labor market is seeing sustained improvements as unemployment lowers to 4.4 percent in August 2023 from 5.3 percent in the same month last year and the 4.8 percent in July 2023.
The Department of Finance (DOF) recommends the timely and targeted distribution of subsidies to vulnerable sectors as the best course of action to address the impact of increasing fuel prices.
The Department of Finance (DOF) welcomes the passage of Senate Bill No. 2233 or the Public-Private Partnership (PPP) Act on second reading on September 20, 2023.
Finance Secretary Benjamin E. Diokno emphasized that the government is redoubling its efforts to mitigate the effects of inflation after the headline inflation rate for September 2023 reached 6.1 percent.