Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
(Eagle News) — Finance Secretary Benjamin Diokno said that financial aid or “ayudas” linked to the COVID-19 pandemic such as the Bayanihan 1 and 2 “should cease as normalization is achieved and given the continuous recovery of the economy. Instead, Diokno said that the Philippine government should prioritize existing social protection programs such as those for senior citizens and welfare grants for poor families. “Public finances are finite. They have to be allocated judiciously […]
Diokno says minimum offering for bonds is P5,000 allowing small investors to contribute to PHL dev’t (Eagle News) – The Philippine government’s Bureau of Treasury has launched the 28th tranche of its retail treasury bonds that “allow investors to contribute to nation-building while growing their hard-earned savings with better returns.” The Department of Finance said that this is the first offering under the administration of President Ferdinand Marcos Jr. “This issuance serves as an […]
(Eagle News) — The World Bank will be supporting the Philippine government’s programs to to digitalize services and modernize the bureaucracy, according to Finance Secretary Benjamin Diokno. “I am very pleased to hear of the World Bank’s willingness to extend support for further digitalizing our revenue agencies and modernizing civil service in line with the President’s goal of rightsizing the bureaucracy,” Diokno said in a release by the Department of Finance on Thursday, […]
Main growth contributors were transportation and construction; services sector posted highest positive growth (Eagle News) – The Philippine economy grew by 7.4 percent in the second quarter of 2022, mostly due to growth in the construction sector and transportation and storage, according to figures from the Philippine Statistics Authority. The figure, however, was lower than the first quarter growth figure of 8.3 percent, and also lower than the fourth quarter of 2021 growth rate […]
New P1,000 polymer banknotes to be released in phases starting April 18 (Eagle News) – The Philippines has a new P1,000 polymer banknote which has more security features and more durable than the usual paper banknotes. The new P1,000 polymer banknote was presented to President Rodrigo Duterte on Wednesday, April 6, by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno and Monetary Board members in a ceremony held in Malacanang. He received the 1000-Peso […]
Presents sworn affidavits, video of fishermen in case, saying they had nothing to do with the petition during oral arguments before Supreme Court (Eagle News) – Solicitor General Jose Calida bared on Tuesday, July 9, that the fishermen in the Writ of Kalikasan petition filed by the Integrated Bar of the Philippines (IBP) had nothing to do at all with the petition but that their names were merely “used” by the IBP to fight the […]
By Caesar Vallejos OPEN FOR BUSINESS, Eagle News Service Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said that maintaining price and financial stability will remain the BSP’s top priority. At the Chamber of Thrift Banks (CTB) Convention held at the Makati Shangri-La last March 29, 2019, Diokno cited the Philippine economy’s recent developments, potential challenges and the BSP’s thrusts. “You can rely on the BSP to remain independent and steadfast in safeguarding our […]
(Eagle News) — Newly installed Bangko Sentral ng Pilipinas governor Benjamin Diokno and his family struck the signature “Duterte pose” of the President during his oath-taking in Malacanang on Wednesday, March 6. Diono was with his wife, Jo Ann Camacho, and son, Antonin, when President Duterte administered his oath-taking as the new BSP governor. He will serve the remainder of the late Nestor Espenilla’s six-year term which ends in July 2023. Diokno, the former secretary […]
(Eagle News) — President Rodrigo Duterte administered the oath of office of newly installed Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno who will serve the remainder of the late Nestor Espenilla’s six-year term which ends in July 2023. Diokno was accompanied by his wife, Jo Ann Camacho, and son, Antonin Camacho during his oath-taking on Wednesday, March 6, in Malacanang. Diokno, who was previously Duterte’s budget and management chief, has extensive experience in […]
(Eagle News) — House appropriations committee chair Rolando Andaya Jr. wants Budget Secretary Benjamin Diokno cited in contempt for his failure to appear anew in the panel’s hearing on Friday, Feb. 8, on alleged anomalies in the proposed national budget for 2019. Andaya said Diokno should be held liable for snubbing the hearing and those before that even after the Budget chief said “there was no proper notice and not enough time to allow him […]
Duterte, members of his cabinet, extremely disappointed over inappropriate “disrespectful” conduct of House members in grilling of DBM chief (Eagle News) — President Rodrigo Duterte is dismayed with the House Resolution which sought his reconsideration of the appointment of Budget Secretary Benjamin Diokno, as all members of the Duterte cabinet expressed their support for Diokno, vouching for his integrity and competence. Presidential Spokesperson Savador Panelo read statements of support from various members of the […]
(Eagle News) – Budget Secretary Benjamin Diokno warned of “detrimental” effects to the country’s economy in case Congress fails to approve the proposed 2019 national budget of PHP3.757-trillion. According to Department of Budget and Media estimates, a reenacted budget would reduce disbursements by around PhP220 billion by 2019. Diokno said the growth impact of such a reduction would be “detrimental” and could lead to an economic slowdown. “While ‘the sky will not fall down’ […]
