Department of Finance

DOF: Gov’t losing P145-B in foregone revenues from non-adjustment of fuel excise taxes

  (Eagle News) -- The government has lost an estimated P145 billion annually in foregone revenues because of the non-adjustment…

DOF wants to revive Pantawid Pasada program

MANILA, Philippines (Eagle News) -- The Department of Finance (DOF) is eyeing the revival of the Pantawid Pasada Program for…

SC orders tax refund for minimum wage earners

QUEZON City, Philippines (Eagle News) -- The Supreme Court ordered the Bureau of Internal Revenue (BIR) and the Department of…

PHL strong fundamentals to keep interest rates low—DOF

MANILA, Jan. 8 - The Philippines would continue to enjoy low interest rates for so long as the country’s macroeconomic fundamentals…

Yearender: High growth sustainable in 2017– DOF

MANILA, Jan. 2 - The Department of Finance (DOF) remains bullish on prospects for continued high growth in 2017 and…

Dominguez: Gov’t committed to adhere to rule of law

MANILA - Finance Secretary Carlos Dominguez III reiterated the government’s strong commitment to the rule of law in realizing the Duterte…

PHL economy strong enough to ride out US Fed hike, says Dominguez

MANILA, Dec. 16 - Finance Secretary Carlos Dominguez III expressed optimism that the country’s rock solid macroeconomic fundamentals along with…

DOF chief wants to ax several finance officials

QUEZON City, Philippines (Eagle News) -- Finance Secretary Carlos Dominguez wants to remove several officials of the Department of Finance…

P8-T needed to fill infra backlog

MANILA, Philippines (PIA)- In order to to close the infrastructure gap over the next six years, the Duterte administration needs at…

DOF issues new electronic statement of receipts and expenditures reporting system for LGU treasurers

MANILA, Dec. 1 - The Department of Finance (DOF) has required treasurers of local government units to include in their…

DOF pushing for automobile tax hike partly to help solve traffic crisis

MANILA, Dec. 1 - The Department of Finance (DOF) is pushing for the implementation of its proposed restructuring of the excise tax…

Tax reform plan to help free 6-M Filipinos from poverty

MANILA, Nov. 23 - Finance Secretary Carlos Dominguez III said that congressional approval of the proposed tax reform program would…

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