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P73.2 billion needed to vaccinate 60 million Filipinos vs COVID-19: Dominguez

Rose Carmelle Lacuata, ABS-CBN News
Updated as of Nov 24 04:37 AM

MANILA (UPDATED)- Finance Secretary Carlos Dominguez III on Monday night said the government needs at least P73 billion to buy COVID-19 vaccines for 60 million Filipinos. Read more »

Despite shrinking economy, Dominguez hopeful PH can recover by managing COVID-19 risks

ABS-CBN News
Updated as of Nov 10 11:48 PM

Finance Secretary Carlos Dominguez III is hopeful the Philippine economy can go back on track.   Read more »

Finance chief urges policymakers to treat climate crisis with same urgency as COVID-19

ABS-CBN News
Posted at Oct 23 04:53 PM

The Department of Finance said Friday fiscal policymakers worldwide should also act on the climate emergency with the same "urgency" as the COVID-19 pandemic. Read more »

US extends $213 million grant to the Philippines for poverty reduction, good governance

ABS-CBN News
Posted at Oct 12 02:49 PM

The United States has extended a $213 million (P10.8 billion) grant to the Philippines to fund poverty reduction, strengthen good governance and promote private sector-led growth, the Department of Finance said Monday. Read more »

Further lockdowns may bring 'more damage to economy', says Finance chief

Warren de Guzman, ABS-CBN News
Updated as of Oct 07 01:01 PM

Finance Secretary Carlos Dominguez said Wednesday another lockdown to contain the spread of COVID-19 could bring more damage to the economy.  Read more »

Philippines can fund free COVID-19 vaccines for 20M poor Filipinos: Dominguez

Jessica Fenol, ABS-CBN News
Updated as of Jul 31 11:39 AM

The Philippines has a financing plan to purchase at least 40 million doses of COVID-19 vaccines once it becomes available to be administered for free to the poorest 20 million Filipinos, Finance Secretary Carlos Dominguez III said Friday. Read more »

Philippines gets $370 million World Bank loan for land reform program

ABS-CBN News
Posted at Jul 20 02:08 PM

The World Bank is lending the Philippines $370-million or around P18.3 billion for a project that aims to speed up the country’s program to redistribute land to farmers, the Department of Finance said on Monday. Read more »

Resuscitating economy a matter of 'national survival': finance chief

Arianne Merez, ABS-CBN News
Posted at Jul 08 12:58 PM

The Philippine economy cannot remain on shutdown because of the coronavirus pandemic, the country's finance chief said Wednesday as he called for a "reasonable balance" between protecting public health and livelihood. Read more »

1.3 to 3.5 million COVID-19 infections prevented with virus lockdowns: DOF chief

Jessica Fenol, ABS-CBN News
Posted at Jul 08 12:08 PM

Lockdowns imposed to contain the coronavirus pandemic helped prevent at least 1.3 to 3.5 million infections, Finance Secretary Carlos Dominguez said Wednesday, despite downside effect on the economy.  Read more »

Two foreign loans suspended under Duterte's order

Dharel Placido, ABS-CBN News
Posted at Sep 25 12:24 PM

MANILA - A loan supporting the Philippines’ bus rapid transit program and another meant to fund studies on climate change were affected by the order of President Rodrigo Duterte to to “suspend“ loans and grants from countries that sponsored and backed an inquiry into the Philippine war on drugs, Finance Secretary Carlos Dominguez III said Wednesday. Read more »

Dominguez hopes U.S.-China spat won’t end in trade war

ABS-CBN News
Posted at Apr 14 12:48 AM

While the Philippines’ finance secretary remains confident Manila will not be too harmed with Beijing and Washington now on a brink of a trade battle, he still hopes it will not happen. Read more »

TRAIN 2 to attract new, growing industries: Dominguez

ABS-CBN News
Posted at Apr 13 05:39 PM

Finance Secretary Carlos Dominguez III on Friday said the second package of the tax reform is meant to modernize incentives, which have not been changed for a very long time, in order to attract new and growing industries.   Read more »