• 18 December 2014
MANILA, Dec 18 -- “The Department of Finance (DOF) has finished 2014 strong,” DOF Chief Economist and Undersecretary Gil Beltran of the Policy Development and Management Services Group concluded at the DOF year-end performance review last 15 December 2014.  Delivering remarks on Finance Secretary Cesar V. Purisima’s behalf, Beltran noted that achievements in the year 2014 is part of a virtuous cycle sprung by good governance reforms at the start of this administration. Citing the country’s strong macroeconomic fundamentals, Beltran remarked that the DOF has built strong foundations enabling growth and reforms to further pick up in the near future. “Inflation slowed to 3.7% in November. Interest rates net of inflation remain one of the lowest in Asia despite QE tapering in the United States. The exchange rate is stable on account of strong BOP inflows and the fiscal position is at its strongest (almost in balance at -0.3% of GDP as of end-October) with the NG revenue effort up by 1/2 percentage point (as of October) and the public sector debt ratio at its lowest in 30 years (66.3% for Consolidated Public Sector, 52% for non-financial public sector and 38.1% for consol ...Read more

33,000 DSWD-identified poor fisherfolk to get livelihood aid

 CENTRAL  18 December 2014
QUEZON CITY, Dec. 18 --  More than 33,000 poor fisherfolk identified through the Department of Social Welfare and Development’s Listahanan shall be prioritized in a livelihood support program of the Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR). The program, known ...Read more

DPWH bares 2014 performance in western Mindanao

 CENTRAL  18 December 2014
MANILA, Dec 18 -- The new road opening for the Zamboanga City By-Pass Road, now 62 percent complete, is among the 2014 significant accomplishments of the Department of Public Works and Highways in Western Mindanao. Linking east with the west coast through Barangay Patalon to Barangay Culianan, the ...Read more