Here are the top 20 highest-paid government officials in the Philippines in 2022 COMMISSION ON AUDIT – Former Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and Department of Finance (DOF) Secretary Benjamin Diokno were the highest-paid officials under the administration of President Ferdinand “Bongbong” Marcos Jr. based on the 2022 Report on Salaries and … Read more
Finance Secretary Benjamin Diokno: “We continue to seek support from international channels and partners to help us combat this [climate] crisis” DIOKNO — The Department of Finance (DOF) said that Finance Secretary Benjamin Diokno urged international partners to boost aid for climate change mitigation and adaptation measures. Diokno urged the private sector and multilateral development … Read more
Finance Secretary Benjamin Diokno: “Yung tax on digital services, it is only fair na ita-tax natin ‘yon.” BENJAMIN DIOKNO — On Wednesday, the Finance Secretary said that taxes on digital services was based on the principle of “fairness”. Diokno said that the administration of President Ferdinand “Bongbong” Marcos Jr. will look to tax digital services. He was quoted … Read more
Finance Secretary Benjamin Diokno: “[T]he President’s disbelief at the 6.1% June 2022 inflation rate figure was misunderstood.” BENJAMIN DIOKNO — The Finance Secretary said that President Ferdinand “Bongbong” Marcos Jr.’s disbelief at the 6.1% June inflation rate figure was “misunderstood”. The President appeared to have cast doubt on the report of the Philippine Statistics Authority … Read more
Incoming BIR Commissioner Lilia Guillermo: “This will make the tax collection system more efficient and less prone to graft and corruption.” LILIA GUILLERMO — The incoming Bureau of Internal Revenue (BIR) commissioner said that she will pursue an expanded digitized tax collection for transparency and more efficiency. Guillermo, who is a former BIR Deputy Commissioner … Read more
Benjamin Diokno: “We have room for better tax collection using technology.” BENJAMIN DIOKNO — On Monday, the incoming Finance Secretary said that digitalization can improve the Philippines’ tax collections and can generate more revenues. Diokno, who is also the outgoing Bangko Sentral ng Pilipinas (BSP) governor, told ANC that making tax payments user-friendly will help … Read more
Here’s the reaction of PCCI President George Barcelon to Davila-Diokno’s interview GEORGE BARCELON – The president of the Philippine Chamber of Commerce and Industry (PCCI) stressed that the country is not bankrupt. It was just recently when Bangko Sentral ng Pilipinas Governor and incoming Finance Secretary Benjamin Diokno had an interview with Karen Davila. At … Read more
Here’s the message of Jay Sonza to Karen Davila over her interview with Benjamin Diokno JAY SONZA – The former ABS-CBN reporter couldn’t help but criticize Karen Davila over her interview with Bangko Sentral ng Pilipinas Governor and incoming Finance Secretary Benjamin Diokno. It was just recently when Diokno had an interview with Davila. At … Read more
Here’s the response of incoming finance secretary Benjamin Diokno to Karen Davila after saying, “walang pera ang gobyerno” KAREN DAVILA – The broadcaster received a lecture from Bangko Sentral ng Pilipinas Governor and incoming Finance Secretary Benjamin Diokno after she said, “walang pera ang gobyerno.” In an interview, Karen told Diokno that he will face … Read more
Benjamin Diokno: “Ang pinakaimportante sa tax system, it should be fair at tsaka it should be perceived to be fair.” BENJAMIN DIOKNO — The incoming Finance Secretary is looking into imposing the “correct” taxes for streaming service payments and other digital transactions as a way for the Philippine government to earn additional revenues. Diokno, the … Read more