The Department of Finance is the Philippine government's steward of sound fiscal policy. Receive on-the-go economic updates: https://xitter.gq/t.co/3h9ms58FJV.
Manila, Philippines
Joined May 2014
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Department of Finance retweeted
Just back from the Philippines. One of the most exciting digital asset markets in SEA right now, jumping to 4th globally in TRM Labs' Country Crypto Adoption Index.
Their regulators get it. Collaborative, forward-thinking, focused on outcomes: consumer protection, innovation, growth. Rare combo.
Met great people at the Department of Finance including Secretary Frederick Go, the SEC’s Chairman Francis Lim, and the BlockShoals team. Real conversations about where the industry is heading.
Big one: the SEC's PhiliFintech Innovation Office just gave BlockShoals in-principle approval under StratBox. This is what good regulation looks like. Build pathways, not walls. Programs like that signal that the Philippines is serious. Confidence attracts capital. Capital funds innovation. Flywheel starts here.
Bullish on the Philippines. And crypto - buying the dip. More soon. 🇵🇭
Department of Finance retweeted
I had a productive meeting with Finance Secretary Frederick Go @dofgovph in the Philippines today. We discussed the impact of the Middle East conflict, the country’s push toward digitalization and stronger governance, and ways to boost private-sector-led growth.
Department of Finance retweeted
𝐋𝐎𝐎𝐊: NEDA launches the Infrastructure Flagship Projects (IFPs) Dashboard.
You can access the IFPs dashboard by visiting neda.gov.ph/infrastructure-f…
#InfrastructureFlagshipProjects
#IFPsDashboard
Department of Finance retweeted
Adding a new dimension to 🇮🇳 🇵🇭 ties. MOU on Financial Technology cooperation signed by Finance Secretary Benjamin E Diokno @DoF_PH and Ambassador @shambhukumaran today. A decisive step towards partnership on digital payments; financial inclusion; fintech and related areas.
Department of Finance retweeted
This afternoon, I hosted the first “Chat with SBED” in DOF — a weekly face-to-face dialogue with the finance beat reporters on economic and fiscal policy developments, as well as other issues tackled by the DOF and the economic team.
Department of Finance retweeted
It is encouraging to see that headline inflation slowed down further to 6.6% in April 2023 — the third consecutive month it decelerated this year.
Department of Finance retweeted
Productive exchange w/ @DOF_PH @SecBenDiokno & @NEDAhq Sec @AMbalisacan alongside @ManuelaFerro_WB on @WorldBank's continued support for 🇵🇭 National Development Plan for a prosperous, inclusive & resilient society, including the role of digital transformation & #RenewableEnergy.
ALT The World Bank delegation led by Managing Director of Operations Anna Bjerde poses for a photo with the delegation from the Philippines at the Spring Meetings 2023
Department of Finance retweeted
Today, we officially inaugurated the NLEX Connector Caloocan-España Section. The 5km elevated expressway will reduce travel time between Caloocan and Manila to just 5 minutes and benefit an estimated 35k vehicles daily.
Department of Finance retweeted
Together with @SecBenDiokno and Special Envoy to #SoutheastAsia Nicholas Moore, we launched the 🇦🇺🇵🇭 Partnerships for Infrastructure in the Philippines today. P4I will support the Philippine government’s ambitious infrastructure goals and drive inclusive economic growth.
Department of Finance retweeted
I am honored to have witnessed the official launch of Australia’s Partnerships for Infrastructure (P4I) here in the PH. This complements the Marcos Jr. admin’s Build Better More infra program.
Department of Finance retweeted
During my weekly meeting with our revenue agencies, newly-appointed @CustomsPH Commissioner Bienvenido Rubio shared some updates on the possible use of blockchain solutions under the PH Customs Modernization Project.
Department of Finance retweeted
Inflation for Feb 2023 slightly eased to 8.6% from 8.7% in Jan due to the lower contribution of transportation to overall inflation. However, food supply constraints and higher utility rates have kept inflation elevated.
Department of Finance retweeted
We are proud of the swift ratification of the Regional Comprehensive Economic Partnership Agreement, demonstrating our commitment to openness and a thriving business environment.
Being part of this regional free trade agreement holds immense potential
Department of Finance retweeted
The Senate approval of the resolution on the RCEP ratification brings us closer to a more open, transparent, and predictable trade and investment environment.
Department of Finance retweeted
Access the full press release: bit.ly/MBCF2FwithCabSecDiokn…
#MBC #Secretaries #DOF #Economy #Government #PHGovernment
Department of Finance retweeted
READ: Optimistic prospects are expected for the PH economy due to the passage of liberalization reforms and the openness of the administration to collaborate with the private sector, Finance Sec. Benjamin Diokno said in a meeting with MBC on Feb. 3
bit.ly/MBCF2FwithCabSecDiokn…
#MBC
Department of Finance retweeted
We had a great turnout in today’s Philippine Economic Briefing at the UBS Auditorium in London, where I announced our above-target 2022 growth of 7.6 percent. This is the highest recorded full-year growth rate in 46 years.
Department of Finance retweeted
Many thanks to @AndrewBowie_MP for the excellent bilateral discussion on investment opportunities for UK businesses in the PH 🇬🇧🇵🇭
Did you know? UK trade with the Philippines is worth £2.1 billion 🇬🇧🇵🇭
It was a pleasure to meet with Secretary of Finance Benjamin Dioknoin to discuss:
🚢The brilliant trading relationship between our two nations
✅Opportunities for UK investment
@DOF_PH
ALT Exports Minister Andrew Bowie shaking hands with Filipino Secretary of Finance Benjamin Dioknoin
Department of Finance retweeted
Had the opportunity to meet Minister @annietrev following our engagement at Asia House London, where we talked about expanding UK-ASEAN cooperation in various areas of trade and development.
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Department of Finance retweeted
Had a great discussion on strengthening PH-UK trade relations with MP @RichardGrahamUK during our visit in London. Very grateful for your support to the PH Economic Briefing today at @UBS!
Quality discussions & tea with Philippines Finance Sec @benjamindiokno, Budget Sec Amenah Pangandaman, Central Bank Gov @BSPGovMedalla & @NEDAhq growing
🇬🇧🇵🇭 trade & invmt: NHS, security @WFD_Democracy & education links thx Sec of State @GillianKeegan
