Finance Secretary Cesar Purisima has instructed the Bureau of Local Government Finance (BLGF) to fast-track the filling up of the bureau’s 197 vacant positions as part of the DOF’s revenue agency reform and modernization program. Deadline for submission of applications for first and second level positions is on February 16, 2015.
The fourth quarter and full year growth rates of 6.9% and 6.1% respectively, resoundingly affirm that the Philippine economy is on an upward growth trajectory buoyed by strong macroeconomic fundamentals.
Finance officials hailed the successfully concluded liability management transaction, as the Republic of the Philippines marked its return to the international capital markets with a showing consistent with its now emergent sterling reputation.
The newly-issued global bonds were priced at par with a coupon of 3.95% after an initial pricing guidance of 4.20% area. This is the lowest coupon ever issued by the Republic to date on a global bond.
Please be advised that the exam will be held on December 14, 2014 (Sunday), from 2:00-5:00 p.m., instead of the previously announced morning schedule, at the following venues
The National Government (NG) registered a P2.5 billion fiscal deficit in October, 77% lower than the amount posted in the same period last year as expenditures continued to grow at a slower pace than revenues.
Reforms in the bureau are getting results. Revenue collections from January to October 2014 are up 18.6% year-on-year.
The Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Fil-Agro Rural Bank at the PDIC Claims Counter, 4th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City. Claims may also be filed through mail.
Successful examinees will move on to the competency-based tests. The schedule for the next round of screening will be announced soon.
The Philippine Deposit Insurance Corporation (PDIC) successfully raised a total of P23.9 million from the sale of commercial and residential properties during a public bidding on October 9, 2014, held at the Bangko Sentral ng Pilipinas (BSP) Regional Office in Cebu City.