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DOF chief cites insurance industry growth amid pandemic

DOF Secretary Carlos Dominguez III MANILA - Department of Finance (DOF) Secretary Carlos Dominguez III said Friday the impressive growth of the insurance industry in 2021 mirrors the efficiency and swift action of the Insurance Commission (IC) in maximizing the use of digital tools and other measures to ensure the resilience of this sector amid the pandemic. On the occasion of its 73rd anniversary, Dominguez thanked the IC led by Commissioner Dennis Funa for this accomplishment as well as for its key role in the audit of government insurance institutions to assist the Department of Finance (DOF) in assessing their strengths and weaknesses. "By effectively discharging its role as regulator, the Commission ensured the protection of the consumers and the reliability of insurance coverage. By ensuring best practices, the credibility of the industry remains very, very high," said Dominguez during the event marking IC's anniversary held at the Philippine International Conventio

Government service insurance systemPasay cityDennis funaDepartment of financePhilippine health insurance corpInsurance commissionPhilippine international convention centerPhilippine crop insurance corpSecretary carlos dominguezCommissioner dennis funaPhilippine crop insuranceSocial security systemPhilippine health insuranceTyphoon odettePresident duterteDof secretary carlos dominguez iii manila department of finance said friday the impressive growth insurance industry in 2021 mirrors efficiency and swift action commission ic maximizing use digital tools other measures to ensure resilience this sector amid pandemic on occasion its 73rd anniversary

Duterte admin speeding up post-pandemic recovery: DOF chief

DOF Secretary Carlos Dominguez III MANILA - The administration of President Rodrigo Duterte is redoubling its efforts to expand the economy at a much faster rate in its remaining quarter to recover the opportunities lost for high and inclusive growth in the two-year pandemic, Department of Finance (DOF) Secretary Carlos Dominguez III said Friday. Armed with the passage and implementation of its hard-won reforms, the Duterte administration "will continue working till the last hour of our mandate to contribute all that we can to our strong economic resurgence," Dominguez in his recorded video message during the first day of the virtual Rotary International District 3870 Conference. "The reward for all the work we do now is a better future for the next generation of Filipinos," he said. Dominguez said conditions for the Philippines' post-pandemic rapid growth have never been better, owing largely to how President Duterte exercised strong political will to push game

Rodrigo duterteInternational districtDepartment of financePresident rodrigo duterteSecretary carlos dominguezRotary international districtPresident duterteDof secretary carlos dominguez iii manila the administration of president rodrigo duterte is redoubling its efforts to expand economy ata much faster rate in remaining quarter recover opportunities lost for high and inclusive growth two year pandemicEpartment of finance dof secretary carlos dominguez iii said friday armed with the passage and implementation its hard won reformsHe duterte administration quot will continue working till the last hour of our mandate to contribute all that we can strong economic resurgenceUot dominguez in his recorded video message during the first day of virtual rotary international district 3870 conference quot reward for all work we do now isa better future next generation filipinosUot he said dominguez conditions for the philippines 39 post pandemic rapid growth have never been betterWing largely to how president duterte exercised strong political will push game changing reforms that had gotten stuck in the legislative mill for decadesNd how the entire nation worked together to overcome challenges of pandemic induced global health and economic crises quot election season will not be an issue we havea long history orderly peaceful transfers power transition next administration witha comprehensive fiscal consolidation plan bring country back its high growth trajectoryUot he added with the pandemic now subsiding and coronavirus disease 2019 covid 19 vaccination program proceeding ata quick paceOminguez said the country is well on its way toa strong recovery from pandemic that broke out in march 2020 quot our risk management strategy culminated ina full year growth of 5 6 percent 2021

BIR, taxpayers support key to post-pandemic recovery

Finance Secretary Carlos Dominguez III (File photo) MANILA - Finance Secretary Carlos Dominguez III said Thursday investing more in infrastructure, social services and climate action to stimulate growth as the government begins the urgent task of outgrowing its pandemic-induced debt are "doable" with the support of the nation's taxpayers and the sustained strong performance of the Bureau of Internal Revenue (BIR). During the kickoff of the BIR's tax campaign, he underscored the critical role played by taxpayers in helping ensure the country's rapid and sustainable economic recovery. The BIR, meanwhile, should continue making progress in its digital transformation programs, Dominguez said, as he encouraged all taxpayers to make use of electronic channels to file and pay their taxes this year. "To the men and women of the Bureau of Internal Revenue and our most loyal taxpayers, remember that all of you are not just producing revenues. All of you are the shock t

Caesar dulayRodrigo duterteBureau of internal revenuePhilippine international convention centerSecretary carlos dominguezInternal revenueCommissioner caesar dulayPresident rodrigo duterteFinance secretary carlos dominguez iii file photo manila said thursday investing more in infrastructureOcial services and climate action to stimulate growth as the government begins urgent task of outgrowing its pandemic induced debt are quot doable with support nation 39s taxpayers sustained strong performance bureau internal revenue bir during kickoff tax campaignE underscored the critical role played by taxpayers in helping ensure country 39s rapid and sustainable economic recovery birHould continue making progress in its digital transformation programsDominguez saidS he encouraged all taxpayers to make use of electronic channels file and pay their taxes this year quot the men women bureau internal revenue our most loyalEmember that all of you are not just producing revenues the shock troops leading in this historic moment rebuilding our nation into one children and their deserve creatinga better future for filipino peopleUot he said at the event held philippine international convention center picc dominguez new generation of entrepreneurs and emerging businesses in economy should be reminded their duty quot to ensure that our country moves forward through prompt correct payment taxes congratulated bir under leadership commissioner caesar dulay for launching this year 39s tax campaign kickoff your dedication

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