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Senator Christopher "Bong" Go has issued an urgent appeal to various government agencies, including the Department of Migrant Workers (DMW), Department of Foreign Affairs (DFA), and Philippine Overseas Employment Administration (POEA), to conduct immediate action to account Overseas Filipino Workers (OFWs) affected by the ongoing conflict between Israel and Hamas in the Gaza Strip.
The Department of Finance (DOF) welcomes the endorsement of the Legislative-Executive Development Advisory Council (LEDAC) of five key fiscal and economic reforms proposed by the Department for legislative approval within the year.
Finance Secretary Benjamin E. Diokno joined the official delegation to President Ferdinand R. Marcos, Jr.’s state visit to Kuala Lumpur, Malaysia from July 25 to 27, 2023 to foster stronger bilateral ties between the two countries.
The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos, Jr., approved on July 19, 2023 the Ninoy Aquino International Airport (NAIA) and Laguindingan International Airport public-private partnership (PPP) projects aimed at enhancing airport operations during its 7th meeting at the Malacañan Palace.
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.
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.
President Ferdinand R. Marcos, Jr. signed into law Republic Act No. 11954, otherwise known as the Maharlika Investment Fund (MIF) Act of 2023, establishing the Philippines’ first sovereign wealth fund aimed at boosting the country’s economic growth, on July 18, 2023 at the Malacañan Palace in Manila.