DAVAO CITY --- The European Union recently turned-over some EUR 35.5 million (P2 billion) grant for the Mindanao Peace and Development Program (RISE Mindanao). In a statement released on Friday, Finance Secretary Carlos Dominguez, on behalf of the Philippine Government, and European Union Chargé d' affaires ad interim Thomas Wiersing, on behalf of the EU, exchanged the … [Read more...] about European Union grants Ph P3.4-B for Peace and development projects in Mindanao
Department of Finance
Sara calls Finance Department and NEDA to fast track Davao’s big-ticket projects
DAVAO CITY – Presidential Daughter and Mayor Sara Duterte-Carpio is calling on the Department of Finance (DOF) and National Economic Development Authority (NEDA) to fast track the major projects of the city that are still pending to both offices. During her State of the City Address (SOCA) on Monday afternoon, Duterte-Carpio stressed that the Davao –Samal Bridge, High … [Read more...] about Sara calls Finance Department and NEDA to fast track Davao’s big-ticket projects
National government to use re-enacted budget
MANILA (December 14) — The national government may have to use a re-enacted budget beginning next month. "The senators appear exhausted, They requested a break," Budget Secretary Benjamin Diokno said. Lawmakers has already adjourned their session for their month-long Christmas vacation without approving the proposed P3.757-trillion national budget for next year. Under … [Read more...] about National government to use re-enacted budget
Pernia: Scheduled hike in fuel tax should push through
MANILA (October 19) -- Socioeconomic Secretary Ernesto Pernia favors that the petroleum tax hike scheduled for next year push through, after the latest report on oil futures forecast a softening of oil world crude prices in 2019. “Maybe, it’s better if we don’t suspend it. We really have to study it seriously first,” he told reporters Thursday on the sidelines of the … [Read more...] about Pernia: Scheduled hike in fuel tax should push through
DoF: Gov’t to take advantage of lower rice prices in the international market
Manila (October 9)- The Rice Tariffication Bill will allow the government to take advantage of the lower prices in the international market, Finance Undersecretary Tony Lambino yesterday said. "We have really mismanaged our rice supply and rice policies. What we need now is to invest more and improve the productivity of the agriculture sector," he emphasized. Lambino … [Read more...] about DoF: Gov’t to take advantage of lower rice prices in the international market
