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Top News In Dof New Today - Breaking & Trending Today

Excise taxes on oil products to remain

The Department of Finance has no plans to remove the excise taxes on petroleum products, even as inflation soared to a 40-month high in April. ....

Gil Beltran , Department Of Transportation , Department Of Agriculture , Department Of Finance , Department Of Budget ,

Philippines borrows $7.5 billion from World Bank

The Philippines has borrowed more than $7.5 billion (P400 billion) from the World Bank to fund mainly the government’s pandemic response, according to the Department of Finance. ....

Gil Beltran , Carlos Dominguez , Asian Infrastructure Investment Bank , Department Of Finance , World Bank , Bureau Of The Treasury , Asian Development Bank , Secretary Carlos Dominguez , Washington Based World ,

DOF: Cash aid better option to tame accelerating inflation

The Department of Finance said the government should continue its cash transfers instead of  suspending petroleum taxes to tame inflation, which ballooned to a six-month high of four percent in March. ....

United Arab Emirates , Gil Beltran , Department Of Agriculture , Department Of Finance ,