Proposal to Remove P500 and P1,000 Bills to Curb Corruption Filed by Finance Secretary Ex-Finance Secretary Cesar Purisima has suggested the removal of P500 and P1,000 bills from circulation to eliminate corruption. Purisima has suggested a bold move that could change how Filipinos use money every day. He proposed removing the P500 and P1,000 bills … Read more
Government Can Afford Salary Increase for Civil Servants, Finance Secretary Says Finance Secretary Carlos Dominguez III said that the government can afford the new round of salary increase for public employees. President Duterte is now pushing for the salary increase of government employees including nurses and teachers. The proposed pay hike for civil servants is … Read more
The present administration of President Benigno S. Aquino III rejected yesterday a bill filed in the House of Representatives that seeks to lower the taxes paid by fixed-income earners, saying the administration could not risk losing the gains of the robust economy. In a text message by Finance Secretary Cesar Purisima writte to presidential spokesman … Read more