Economy

BIR, BOC collections dip further in April amid pandemic

DOF PR Total collections of the Bureau of Internal Revenue (BIR) from January 1 to April 30 this year dived further to P527.41 billion, which is P179.37 billion or 25.4 percent below...

DOF pushes for mass hiring for contact tracing efforts

Finance Secretary Carlos Dominguez III said during the latest public address of President Duterte that pushing for mass hiring of contact tracers could be a win-win solution to address unemployment and...

DOF recommends Build, Build, Build program to restore PH economy

Department of Finance (DOF) Secretary Carlos Dominguez has recommended the strengthening of the Build, Build, Build program to jumpstart the economy of the Philippines from the COVID-19 pandemic. “The infrastructure remains to...

PH inflation remains steady; price stability to support economic recovery

NEDA PR MANILA – The headline inflation rate for April 2020 was estimated at 2.2 percent, which reflects relatively stable prices for Filipino families. Inflation rates over the past three months show...

Philippine economy may suffer if ECQ extends

Presidential Adviser for Entrepreneurship Joey Concepcion has stated that the economy of the Philippines will have a hard time recovering if the enhanced community quarantine is to be extended again. Concepcion hopes...

General Government Debt down to 37.2 percent of GDP as of Sept 2019

DOF PR The country’s consolidated General Government (GG) debt stood at P6.79 trillion in the third quarter of 2019, or down by 0.4 percentage point to the ratio of 37.2 percent of...

Popular