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#departmentoffinance — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #departmentoffinance, aggregated by home.social.

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  1. [In This Economy] The nothing burger that is the Maharlika Investment Fund

    While Maharlika is earning money, its reliance on short-term placements and investments in established businesses leaves the promised additional development benefits unclear

    justpaste.in/news/in-this-econ

    #BankingAndFinancialServices #BenjaminDiokno #businessfinance #DepartmentofFinance #DevelopmentBankofthePhilippines

  2. Cesar Virata, Marcos-era prime minister and finance chief, dies at 95

    (2nd UPDATE) The dictator’s longtime finance chief and one of his top technocrats, Cesar Virata had deep ties to the Ferdinand E. Marcos regime even as he sometimes pushed back against Imelda Marcos and powerful cronies over project spending and economic polic…

    justpaste.in/news/cesar-virata

    #DepartmentofFinance #Marcosdictatorship #Obituaries #EconomyampGovernance #Obituary

  3. Marcos suspends excise taxes on LPG, kerosene anew

    The tax relief does not extend to gasoline and diesel, as Finance Secretary Frederick Go says this would ‘not be progressive’ because higher-income consumers who use more of the two fuels would capture more of the benefit

    justpaste.in/news/marcos-suspe

    #BureauofInternalRevenue #DepartmentofFinance #energyindustry #FerdinandMarcosJr #FrederickGo

  4. The risks in Marcos’ 2027 P7.2-trillion ‘people-centered’ spending bet

    With over a third of the budget pre-committed to debt burden and mandatory local government allotments, execution is everything

    justpaste.in/news/analysis-mar

    #BudgetWatch #DepartmentofBudgetandManagement #DepartmentofFinance #governmentbudget #governmentdebt

  5. Should you worry about the Philippines’ P21-trillion debt burden in 2027?

    Economists tell Rappler that while the Philippines’ debt burden remains manageable for now, its growing size and cost mean keeping it sustainable will depend on the economy growing faster than debt despite a weak outlook

    justpaste.in/news/explainer-ph

    #BudgetWatch #DepartmentofFinance #financeindustry #FrederickGo #governmentbudget

  6. DOF seeks lower P32-billion budget for 2027 despite lofty revenue goals

    The BIR receives nearly two-thirds of the new appropriations, while Customs confidential fund gets slashed back to its 2024 level

    justpaste.in/news/department-f

    #BudgetWatch #BureauofCustoms #BureauofInternalRevenue #confidentialfunds #DepartmentofFinance

  7. [Vantage Point] ProGRESS: When tax relief comes with a P40 price tag

    The ProGRESS paradox: government gives you more money in your payslip, then tries to recover part of what it lost when somebody buys a drink.

    justpaste.in/news/vantage-poin

    #agriculture #BureauofInternalRevenue #DepartmentofFinance #FerdinandMarcosJr #foodandbeverageindustry

  8. Government earns P205 million from sale of 2024 smuggled ultraluxury Bugatti Chirons

    A 2024 Rappler investigation found that the two cars had been imported and registered using questionable documents that severely undervalued the vehicles and exposed gaps in the Land Transportation Office’s systems

    justpaste.in/news/government-e

    #BureauofCustoms #DepartmentofFinance #LandTransportationOffice #smugglinginthePhil…

  9. From ghost projects to growth slump, Marcos now faces a spending dilemma

    President Ferdinand Marcos Jr. says government must spend faster to revive growth, but after the flood-control mess, even he warns that ‘throwing money at the problem simply doesn’t solve it’

    justpaste.in/news/ghost-projec

    #ArsenioBalisacan #BudgetWatch #DepartmentofBudgetandManagement #DepartmentofEconomyPlanningandDevelopment #DepartmentofFinance

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