The Bureau of Customs (BOC) – Port of Cebu welcomed Secretary of Finance Frederick D. Go during his official visit to Cebu, bringing together officials of the Department of Finance (DOF), BOC, and Bureau of Internal Revenue (BIR) for discussions on revenue performance, operational updates, and enforcement initiatives. Joining Secretary Go were Assessment and Operations […] The post BOC Port of…
The Bureau of Internal Revenue (BIR), Revenue Region No. 13, Central Visayas Region, conducted the destruction of Seized and Forfeited Illicit cigarettes and related manufacturing materials on August 13, 2026. This scheduled destruction is the culmination of a series of relentless and intelligence-driven enforcement operations conducted by the BIR RR No. 13, through its Regional […] The post…
The Philippines is set to strengthen the protection of its marine ecosystems resources and expand opportunities in the blue economy with EUR 200 million in financing from the French development bank, Agence Française de Développement (AFD) for the Marine Ecosystem for Blue Economy Development (MEBED) 1. This program is expected to generate increased and sustainable […] The post France helps PH…
The Department of Finance (DOF) and the French development agency, Agence Française de Développement (AFD), have partnered to strengthen food security and improve nutrition among low-income families through a financing facility for the Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) Project. Implemented in partnership with the Department of Social Welfare and…
The Department of Finance (DOF) facilitated up to US$600 million (approximately PHP 36.95 billion) grant from the United States under the Strategic Objective Agreement (SOAG) for Integrated and Sustainable Health Systems in the Philippines to support the country’s health sector by expanding access to quality healthcare and strengthening the country’s resilience against public health threats. […]…
Finance Secretary and Fiscal Incentives Review Board (FIRB) Chair Frederick D. Go welcomed the issuance of Executive Order No. 121, establishing the Electric Vehicle Incentive Strategy (EVIS) Program, describing it as a major step toward developing a globally competitive electric vehicle (EV) manufacturing industry in the Philippines. Approved by the FIRB in May 2026, the […] The post DOF welcomes…
Finance Secretary Frederick D. Go led the turnover of over PHP205 million in proceeds from the Bureau of Customs (BOC) following the successful negotiated sale of two forfeited Bugatti Chiron luxury vehicles, transforming idle government assets into revenues that will support national development. “After nearly two years, we have finally completed the sale of these […] The post DOF leads turnover…
Finance Secretary Frederick D. Go has spearheaded the creation of a data-sharing system through an agreement among key government agencies to improve the accuracy and completeness of the country’s foreign direct investment (FDI) data, supporting evidence-based policies that will further enhance the Philippines’ investment climate. Today, Secretary Frederick Go witnessed the signing of the…
The Department of Finance (DOF), through the Privatization and Management Office (PMO), has successfully completed the PHP 1-billion sale of government-owned units at the Atrium of Makati, marking another milestone in the government’s efforts to maximize the value of state assets and generate additional resources for national development. “This sale demonstrates our commitment to turn […] The post…
The Department of Finance (DOF) has secured a USD 6.78 million technical assistance grant from the Green Climate Fund (GCF) to strengthen the country’s capacity to access and implement climate investments that will help protect communities from the impacts of climate change, accelerate the transition to clean energy, and support sustainable and inclusive economic growth. […] The post PH secures…
