The Department of Finance plans to improve tax collection from about 13% of GDP in 2011 to around 18% by 2017. In addition, it wants to reduce its public debt to below 50% of GDP by 2017 from its 2011 level of 58%.MorrowRichard...
Cesar Purisima, finance secretary of the Philippines, says factors such as better governance helped the country to grow over 6 percent every year since 2012. He adds that the government is aiming for a faster pace of growth so as to eradicate poverty. ...
The Department of Finance of the Philippines released a statement on Thursday, quoting Dominguez as saying the Philippines has China to thank for its generous support that has "greatly helped push our infrastructure projects forward." Dominguez said the Philippines "looks forward to a seamless network...
Philippines Will Weather U.S. Interest-Rate Rise, Finance Secretary Says.CuiCarolynWall Street Journal (Online)