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DPWH, DOF review ODA-funded infrastructure projects

The Department of Public Works and Highways worked with the Department of Finance for the conduct of a performance review on flagship infrastructure projects funded by foreign official development assistance last week.

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Pernia recommends tapping PPP, ODA from other countries

Pernia recommends tapping PPP, ODA from other countries
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Government seeks rail financing from other countries

Government seeks rail financing from other countries
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

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'ADB must lead recovery for Covid, war fallout victims'

MANILA-BASED Asian Development Bank (ADB) should lead the recovery efforts of Asia-Pacific economies weighed down by the impact of the Covid-19 pandemic and the prolonged Russia-Ukraine war, according to Finance Secretary Carlos G. Dominguez III. Dominguez made the call in his recent meeting in Tokyo, Japan with former Japanese Prime…

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Gov't sells maiden P29 B 'green' Samurai bond – Manila Bulletin

The Philippine government sold its second “green” bonds, this time in the Japanese debt market through a four-tranche yen-denominated offering, the Bureau of the Treasury announced on Wednesday, April 13.

The bureau said the government raised ¥70.1 billion, roughly P28.95 billion, via a five-yea

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JICA commits support for P357-B Manila skyway

Finance Secretary Carlos Dominguez (left foreground) and JICA Chief Representative Azukizawa Eigo (right foreground), joined by (background from left) DOTr Undersecretary Timothy John Batan, Finance Undersecretary Mark Dennis Joven, and Ambassador of Japan to the Philippines KOSHIKAWA Kazuhiko at th

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DOF: Philippines has enough funds to inoculate 5-11 year-olds vs. COVID-19

The Philippines has secured enough funds for the COVID-19 vaccination of children aged 5 to 11 years old, the Department of Finance (DOF) said Thursday.

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Over 106M vaccine doses cleared since February: BOC

(PNA photo by Avito Dalan) MANILA - The Bureau of Customs (BOC) on Monday reported that it has cleared over 106 million doses of coronavirus disease 2019 (Covid-19) vaccines that arrived in the country since the arrival of the first shipment of jabs in February. In a statement, the bureau said the running total number of vaccine doses in the country is now at 106,245,420. These include 3,507,800 doses of AstraZeneca vaccine and 4,049,370 Pfizer jabs that arrived from October 28 to 31. On October 28, National Task Force against Covid-19 chief implementer and vaccine czar Secretary Carlito Galvez Jr., Finance Undersecretary Mark Dennis Joven, and BOC-Port of Ninoy Aquino International Airport (NAIA) District Collector Carmelita Talusan witnessed the arrival of the 976,950 doses of government-procured Pfizer vaccine, which raised the number of vaccine doses secured by the country to over 100 million. To date, a total of eight vaccine brands are being used in the inoculation program of the government -- Sinovac, AstraZeneca, Pfizer BioNTech, Moderna, Johnson & Johnson, Sputnik V, Hayat-Vax, and Sinopharm. The first shipment of Covid-19 vaccines in the country contained 600,000 doses of Sinovac which was donated by the Chinese government. The clearance of the vaccine shipments were processed and released through the advance clearance process while underguarding duties were also handled by BOC's CoVax Special Handling Taskforce composed of security and operations unit of the bureau. (PNA) }

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As Covid deaths rise, so does the PHL debt | Bernadette D. Nicolas

Govt taps various financing tools to keep economy afloat

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Gov't raises fresh $3B from foreign borrowing – Manila Bulletin

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The national governm
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ent has raised $3 billion, equivalent to P146 billion, from a dual tranche offering of 10.5-year and 25-year global bonds, the Bureau of the Treasury reported on Tuesday, June 29.
“Proceeds of the issuance will be for the Republic’s [national government] general purposes, including budgetary support,” the Treasury said in a statement.
The Philippines’ return to the international debt markets follows the $2.5 billion sale of a triple-tranche euro-denominated bonds in April, and the $500 million three-year Japanese yen-denominated “Samurai” bonds in March.
President Duterte plans to borrow as much as $7 billion from commercial debt markets in 2021 to bridge the government’s budget deficit. The country has so far raised $6 billion from three offshore bond issuances.

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