Carlos Dominguez

Last updated on 2017-10-24T17:07+0300.

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Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Saturday, September 19, 2020 12:57:00 AM EAT

Carlos Dominguez pointed out : “How a country’s economy performs during COVID-19 and how quickly it can bounce back once the crisis is over will depend on its economic resilience,” “This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful,” External link

tribuneonline Saturday, September 19, 2020 12:57:00 AM EAT

Carlos Dominguez noted : “CREATE will provide an outright 5 percentage point reduction in the corporate income tax rate, from 30 to 25 percent, as soon as it is made effective. This will help businesses continue operations and retain jobs. CREATE will also enhance the flexibility of our incentives system so that we can aggressively go after investments that will greatly benefit the Filipino people,” External link

tribuneonline Thursday, September 17, 2020 11:27:00 PM EAT

Carlos Dominguez stated ( about GUIDE ) : “We will fully recover from this crisis once a safe and effective vaccine becomes available, on the strength of our enduring macroeconomic fundamentals. The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Thursday, September 17, 2020 11:27:00 PM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad — at relatively lower cost,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez says : “We think all subsidy programs in the future should be digitized. Ito po mahirap pong gumawa ng kalokohan dito kung by computer, talagang walang cash na hina-handle, nobody can keep the cash,” External link

tribuneonline Thursday, September 17, 2020 8:17:00 PM EAT

Carlos Dominguez said : “AREIT’s public offering is ‘very encouraging,’ especially at this time when the government is preparing the economy to recover from the pandemic,” External link

tribuneonline Thursday, September 17, 2020 4:10:00 AM EAT

Carlos Dominguez said : “AREIT’s public offering is ‘very encouraging,’ especially at this time when the government is preparing the economy to recover from the pandemic,” External link

tribuneonline Thursday, September 17, 2020 4:10:00 AM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management,” External link

tribuneonline Tuesday, September 15, 2020 8:28:00 PM EAT

Carlos Dominguez explains : “no matter how much money countries pump into their economies, their GDP would have shrunk massively, anyway. It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy. This is because the problem is not a systemic contraction or a cyclical bust. Simply, necessary mobility restrictions hamper aggregate demand” External link

manilastandardtoday Tuesday, September 15, 2020 8:07:00 PM EAT

Carlos Dominguez says : “the decisive (lockdown) helped us avert an estimated 1.3 to 3.5 million infections according to researchers from our universities. The lockdown enabled us to reinforce our health system and build up our capacity to do widespread testing in our communities. From just around 1,282 actual PCR tests per day conducted in the last week of March, our capacity has grown to about 32,000 average daily tests this (August)” External link

manilastandardtoday Tuesday, September 15, 2020 8:07:00 PM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management. It likewise emphasizes the need to build our financial resilience against disasters and similar emergencies. The ability to mobilize financial resources without delay is essential to emergency preparedness.,” External link

manilastandardtoday Tuesday, September 15, 2020 4:28:00 PM EAT

Carlos Dominguez said : “Of course, we hope we will never need to quickly disburse from this loan package. But its availability assures us that we will have ample ammunition to support our budgetary needs in the event a crisis happens. This facility is an important element of our overall resilience,” External link

pna Tuesday, September 15, 2020 2:04:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned and we have also been spending a lot of money on our Covid response,” External link

manilatimes Monday, September 14, 2020 6:15:00 PM EAT

Carlos Dominguez said : “So, I’d like to assure the entire Filipino people that we have the capacity to borrow. We are borrowing at very low rates and we have the capacity to pay these loans in the future,” External link

manilatimes Monday, September 14, 2020 6:15:00 PM EAT

Carlos Dominguez said : “Mindanao is at the front and center of the Build, Build, Build infrastructure program” External link

manilatimes Friday, September 11, 2020 5:48:00 PM EAT

Carlos Dominguez said : “The usual travel time between the said points of 1 hour and 44 minutes via Maharlika Highway [would] be reduced to 49 minutes only,” External link

manilatimes Friday, September 11, 2020 5:48:00 PM EAT

Carlos Dominguez said : “If we exceed the fiscal deficit of around the middle of our neighbors and peers, we are going to prejudice our ability to raise funds in the future… We are also very cautious that whatever we borrow will be paid by future generations,” “So we have to be very, very cautious and very conservative in the amount of debt burden that we have because if the debt burden is too high, it will hurt our ability to grow our economy,” External link

tribuneonline Thursday, September 10, 2020 11:36:00 PM EAT

Carlos Dominguez said : “If we exceed the fiscal deficit of around the middle of our neighbors and peers, we are going to prejudice our ability to raise funds in the future… We are also very cautious that whatever we borrow will be paid by future generations,” “So we have to be very, very cautious and very conservative in the amount of debt burden that we have because if the debt burden is too high, it will hurt our ability to grow our economy,” External link

tribuneonline Thursday, September 10, 2020 10:53:00 PM EAT

Carlos Dominguez said : "This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful," "We should not delay providing urgent and necessary relief to our people," External link

abs-cbnnews Wednesday, September 9, 2020 4:19:00 PM EAT

Carlos Dominguez said : “Initiatives such as the digital PERA is the least this government can do for the heroic Filipinos working overseas and helping support our economy,” External link

abs-cbnnews Tuesday, September 8, 2020 8:04:00 AM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Sunday, September 6, 2020 7:07:00 PM EAT

Carlos Dominguez pointed out : “How a country’s economy performs during COVID-19 and how quickly it can bounce back once the crisis is over will depend on its economic resilience,” “This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful,” External link

tribuneonline Sunday, September 6, 2020 7:07:00 PM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Sunday, September 6, 2020 3:08:00 PM EAT

Carlos Dominguez said : "The effects of this pandemic would have been much worse had it caught us in a weak fiscal position. Fortunately, when it hit us, we had sufficient means to fight the battle and ramp up public spending," External link

xinhuanet_en Sunday, September 6, 2020 11:30:00 AM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

pna Sunday, September 6, 2020 10:11:00 AM EAT

Carlos Dominguez noted : “CREATE will provide an outright 5 percentage point reduction in the corporate income tax rate, from 30 to 25 percent, as soon as it is made effective. This will help businesses continue operations and retain jobs. CREATE will also enhance the flexibility of our incentives system so that we can aggressively go after investments that will greatly benefit the Filipino people,” External link

tribuneonline Friday, September 4, 2020 10:25:00 PM EAT

Carlos Dominguez stated ( about GUIDE ) : “We will fully recover from this crisis once a safe and effective vaccine becomes available, on the strength of our enduring macroeconomic fundamentals. The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Friday, September 4, 2020 10:25:00 PM EAT

Carlos Dominguez said : “This time, we are acting swiftly and proactively while our banks’ asset quality is still relatively solid. Financial institutions also need time to learn how to use these instruments. Your Honors, now is the time to act. Fireproofing, after all, is best done before the fire,” External link

pna Wednesday, September 2, 2020 11:49:00 AM EAT

Carlos Dominguez said : “Enacting FIST will fortify the financial sector and keep it strong and stable for the difficult task of rebuilding our economy,” External link

abs-cbnnews Wednesday, September 2, 2020 10:46:00 AM EAT

Carlos Dominguez said : “Our inflation rate is relatively mild. And I think people have confidence in the Philippines, in the currency,” External link

abs-cbnnews Tuesday, September 1, 2020 11:43:00 AM EAT

Carlos Dominguez said : "This is actually larger than our total foreign debt," External link

abs-cbnnews Tuesday, September 1, 2020 11:43:00 AM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad — at relatively lower cost,” External link

tribuneonline Saturday, August 29, 2020 10:17:00 PM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Saturday, August 29, 2020 10:17:00 PM EAT

Carlos Dominguez says : “We think all subsidy programs in the future should be digitized. Ito po mahirap pong gumawa ng kalokohan dito kung by computer, talagang walang cash na hina-handle, nobody can keep the cash,” External link

tribuneonline Friday, August 28, 2020 8:44:00 PM EAT

Carlos Dominguez said : "We think all subsidy programs in the future should be digitized, in other words through digitalization of all transactions," "Mahirap gumawa ng kalokohan dito kung by computer, walang cash na hinahandle, nobody can keep the cash...As little cash as possible, so walang mangungupit, walang mawawala," External link

abs-cbnnews Tuesday, August 25, 2020 5:58:00 AM EAT

Carlos Dominguez said : “The CMDC is studying higher levels of funding for the pension and retirement pay system. This is to reduce fiscal risk in the system as the country ages over the long term and also as an ancillary measure to make pensions more portable,” External link

tribuneonline Sunday, August 23, 2020 10:21:00 PM EAT

Carlos Dominguez said : “A mandatory partial or full funding of pension obligation would address concerns on insufficient funding upon retirement of employees as the investment will generate returns to cover the required growth in the fund over time,” “Such pension investments will boost the demand side of the capital markets as well,” External link

tribuneonline Sunday, August 23, 2020 10:21:00 PM EAT

Carlos Dominguez said : “We have seen much heroism from all sectors during the five months that the nation has been battling the Covid-19 pandemic. While our medical workers braved the frontlines to save lives and treat the infected, you, our entrepreneurs, worked day and night to shore up businesses and help your employees survive,” “You have ensured continued access to basic goods and services. The country is grateful for your efforts” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “It appears that no matter how much money countries pump into their economies, their GDP would have shrunk massively, anyway. It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” “This is because the problem is not a systemic contraction or a cyclical bust. Simply, necessary mobility restrictions hamper aggregate demand,” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “When the pandemic finally recedes, we expect our economy to resurge. I am hopeful that the business community of Northern Luzon will continue to partner with us at the frontlines of our economic revival,” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “The Duterte administration will not rest until we have prevailed over this extraordinary challenge,” External link

tribuneonline Friday, August 21, 2020 10:17:00 PM EAT

Carlos Dominguez said : “We cannot fight a pandemic with a weak economy, nor can we restore economic vigor without solving the public health crisis. We need a healthy people and a strong economy,” External link

manilatimes Friday, August 21, 2020 6:20:00 PM EAT

Carlos Dominguez said : “The government continues to balance the reopening of the economy and efforts to restore consumer and business confidence with health and safety interventions so it can continue to protect lives in ways that do not prevent people from earning a living,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “We will redouble our efforts to protect our economic gains over the past three years, prepare our economy for a strong recovery, strengthen our resilience, and solidify our return to the path of inclusive growth. I trust that you will continue to support us in these efforts,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “If we can pass these critical reforms on time, we can help businesses in need sooner, and further improve the post-COVID-19 business climate. These critical reforms recognize the crucial role of a durable banking sector in ensuring that the rebuilding of the rest of the economy can be financed adequately,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 11:27:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

bloomberg Thursday, August 20, 2020 10:10:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 9:59:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 8:58:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 7:24:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 6:23:00 PM EAT

Carlos Dominguez said : “We thank Tokyo and JICA for the release in record time of this emergency support loan for the Duterte administration’s COVID response that has made the Philippines the first recipient of Japan’s assistance program for economies battered by the coronavirus-induced global health and economic crisis,” External link

manilastandardtoday Tuesday, August 18, 2020 4:30:00 PM EAT

Carlos Dominguez said : “The overwhelming market response to our offer of Progreso bonds underlines the strong investor appreciation of the country’s exceptional credit profile under the Duterte presidency along with broad support for government efforts to save lives and steer the economy to recovery in the face of the global health emergency,” External link

tribuneonline Saturday, August 15, 2020 10:36:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors, some of which will be occupants of Ayala Land Inc. (ALI)’s REIT properties,” External link

tribuneonline Thursday, August 13, 2020 11:15:00 PM EAT

Carlos Dominguez explained : “A REIT public offering not only signals that there is strong confidence in existing real properties, but that the company sees new opportunities for expansion with the proceeds of the offering,” External link

tribuneonline Thursday, August 13, 2020 11:15:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “Ayala Land’s REIT offering is timely. It signals that our markets is ready to resume business after all the difficulties posed by the COVID-19 pandemic. This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of out industry sectors,” "It shares in the optimism that, notwithstanding the global economic downturn today, the Philippine economy has strong fundamentals to rise quickly from the devastation brought about by the global health emergency," External link

manilastandardtoday Thursday, August 13, 2020 3:32:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors, some of which will be occupants of Ayala Land Inc. (ALI)'s REIT properties,” External link

pna Thursday, August 13, 2020 10:50:00 AM EAT

Carlos Dominguez said : “A REIT public offering not only signals that there is strong confidence in existing real properties, but that the company sees new opportunities for expansion with the proceeds of the offering,” External link

pna Thursday, August 13, 2020 10:50:00 AM EAT

Carlos Dominguez said : "This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors," External link

abs-cbnnews Thursday, August 13, 2020 9:50:00 AM EAT

Carlos Dominguez said : “The economy actually is already beginning to recover. Our estimate is that we already hit the lowest parts of the recession which was in April and May. These were the lowest points,” External link

tribuneonline Wednesday, August 12, 2020 10:33:00 PM EAT

Carlos Dominguez added : “We have to continue these policies over the next years as we continue to struggle with this contagion,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “This number was arrived at to keep our fiscal deficit in a manageable zone,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “As we said, whatever stimulus package we have, it has to be affordable and it has to recognize the fact that this (corona) virus may not be defeated by the end of this year,” “So we have to keep, as they say, we have to keep our powder dry for next year as well” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “So if you add the two, you will probably end up with anywhere between P400 billion and P600 billion in economic activity,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Sunday, August 9, 2020 9:58:00 PM EAT

Carlos Dominguez said : “So I’d like to assure the entire Filipino people that we have the capacity to borrow. We are borrowing at very low rates, and we have the capacity to pay these loans in the future,” External link

manilatimes Sunday, August 9, 2020 9:58:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” External link

thestandard-ph Sunday, August 9, 2020 9:33:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad–at relatively lower cost,” External link

tribuneonline Sunday, August 9, 2020 10:50:00 AM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Sunday, August 9, 2020 10:50:00 AM EAT

Carlos Dominguez said : “Our plan is to borrow around $60 billion a year for this year and next. The borrowing mix is maybe 75 to 25 percent in favor of local borrowings. We feel our credit rating has been maintained and not downgraded,” External link

tribuneonline Friday, August 7, 2020 7:33:00 PM EAT

Carlos Dominguez said : “It was not anticipated and it’s not in the budget,” “We will check if we can put it in the Bayanihan 2 law,” External link

thestandard-ph Thursday, August 6, 2020 10:59:00 PM EAT

Carlos Dominguez said : “The major tax gains last month were seen in both excise and value added taxes, [indicating that] consumer spending is starting to pick up,” External link

manilatimes Thursday, August 6, 2020 8:20:00 PM EAT

Carlos Dominguez explained : “This slower decline in the country’s trade performance signals [the] resumption of economic activities,” External link

manilatimes Thursday, August 6, 2020 8:20:00 PM EAT

Carlos Dominguez said : “Since October of last year, the DoF (Department of Finance) has been in meetings with PhilHealth and we have told them that the current state of their information system does not allow us to actually make secure projections on their fund life,” External link

tribuneonline Thursday, August 6, 2020 7:21:00 PM EAT

Carlos Dominguez explained : “As of now, I will take their word that probably by 2021, late 2021 or late 2022 they may run out of money. That is why we have in our budget for this year, I believe it is around P70 billion or P80 billion to subsidize PhilHealth,” “But again, in the long-term, we have to fix up the administration of PhilHealth to be able to get a good handle of what exactly their liabilities and fund life are,” External link

tribuneonline Thursday, August 6, 2020 7:21:00 PM EAT

Carlos Dominguez added : “We are doing our best to protect our economic gains and support our recovery. We will beat this pandemic and come out of it even stronger than ever,” External link

inquirer Thursday, August 6, 2020 2:03:00 PM EAT

Carlos Dominguez said : “The steady growth of our agriculture sector is crucial to achieving stable food prices for all Filipinos,” External link

tribuneonline Thursday, August 6, 2020 1:06:00 PM EAT

Carlos Dominguez said : “If one to two shots are needed, that is around 40 million doses and at around USD10 per dose, that is USD400 million or PHP20 billion,” External link

pna Wednesday, August 5, 2020 3:04:00 PM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

manilametro Tuesday, August 4, 2020 11:54:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

manilametro Tuesday, August 4, 2020 11:54:00 AM EAT

Carlos Dominguez said : “In the short run, the return to MECQ may negatively affect livelihoods, consumer demand and production. However, if the time is used to boost all our medical resources and to prevent further spread of the virus, then the MECQ will be positive for the long haul,” “The whole world is learning how to dance with this virus: two steps forward and one step back,” External link

manilatimes Tuesday, August 4, 2020 4:31:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

GulfDailyNews Monday, August 3, 2020 1:14:00 PM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

timesofoman Monday, August 3, 2020 11:23:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

timesofoman Monday, August 3, 2020 11:23:00 AM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

xinhuanet_en Monday, August 3, 2020 7:30:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

xinhuanet_en Monday, August 3, 2020 7:30:00 AM EAT

Carlos Dominguez said : “We have a financing plan for that. The Department of Health (DoH) estimates that we will need to vaccinate for free a minimum of 20 million people. I don’t know if it’s one vaccine or two shots. So we need 40 million doses; 40 million times $10 per dose is $400 million or roughly 20 billion pesos,” “We have a plan and we can execute it as soon as the DoH chooses which vaccine or vaccines they want. Certainly, by late this year, if it’s available, we can already buy it,” External link

arabnews Saturday, August 1, 2020 3:23:00 AM EAT

Carlos Dominguez told : “PITC will sell the vaccines to the DoH. The DoH will pay PITC over time from their future allocations from the national budget,” External link

manilastandardtoday Friday, July 31, 2020 11:00:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

khaleejtimes Friday, July 31, 2020 10:39:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

thepeninsulaqatar Friday, July 31, 2020 3:47:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available, I am sure we can fully open,” External link

arabnews Friday, July 31, 2020 3:26:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

news-yahoo Friday, July 31, 2020 1:49:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure can fully open,” External link

themalaymailonline Friday, July 31, 2020 12:42:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure can fully open,” External link

arabnews Friday, July 31, 2020 9:37:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

news-yahoo Friday, July 31, 2020 9:11:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure can fully open," External link

aljazeera-en Friday, July 31, 2020 8:28:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure (we) can fully open," External link

channelnewsasia Friday, July 31, 2020 7:39:00 AM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure we can fully open,” External link

thehimalayantimes Friday, July 31, 2020 7:23:00 AM EAT

Carlos Dominguez said : "May financing plano kami dyan. Ang estimate we will need to vaccinate for free for a minimum of 20 million people...The financing is available for this program," External link

abs-cbnnews Friday, July 31, 2020 6:20:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure can fully open," External link

news-yahoo Friday, July 31, 2020 6:07:00 AM EAT

Carlos Dominguez said : “This reform will also send a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

manilatimes Wednesday, July 29, 2020 9:08:00 PM EAT

Carlos Dominguez said : “This financial assistance from the ADB for the LGRP will help LGUs close the digital divide in their respective localities as they pursue property valuation and tax reforms to generate more revenues, in step with President Duterte’s goal to modernize Philippine taxation and spell greater fiscal autonomy for our local governments,” External link

manilastandardtoday Sunday, July 26, 2020 2:45:00 PM EAT

Carlos Dominguez said : “The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance,” “It will support our economic recovery program by intensifying assistance to farmers and making agrarian reform beneficiaries more resilient to the economic and social impacts of the COVID-19 pandemic,” External link

manilastandardtoday Monday, July 20, 2020 4:43:00 PM EAT

Carlos Dominguez said : “We truly appreciate the World Bank’s funding support for this initiative designed to make CARP beneficiaries far more productive members of the farm sector, in step with President Duterte’s goal of boosting agricultural productivity and food security, especially at this time of the pandemic and achieving financial inclusion for all Filipinos,” External link

manilastandardtoday Monday, July 20, 2020 4:43:00 PM EAT

Carlos Dominguez said : “The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance,” External link

foreignaffairs-nz Monday, July 20, 2020 9:17:00 AM EAT

Carlos Dominguez said : “It will support our economic recovery program by intensifying assistance to farmers and making agrarian reform beneficiaries more resilient to the economic and social impacts of the COVID-19 pandemic,” External link

abs-cbnnews Monday, July 20, 2020 9:12:00 AM EAT

Carlos Dominguez said : "The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance," External link

xinhuanet_en Monday, July 20, 2020 7:09:00 AM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Sunday, July 19, 2020 9:25:00 PM EAT

Carlos Dominguez said : “This global health emergency has had a way of compounding deep-seated social problems. We can, however, defeat the pandemic and resolve historical disputes in one move with acts of solidarity and bridges of trust,” “These two programs will help demonstrate the power of cooperative action to make lives become better and bring humanity to a more hopeful place,” External link

abs-cbnnews Friday, July 17, 2020 12:06:00 PM EAT

Carlos Dominguez told : “I don’t know if it will deepen the recession. It probably will level it off but certainly it will not pull us up,” External link

pna Friday, July 17, 2020 9:02:00 AM EAT

Carlos Dominguez told : “I don’t know if it will deepen the recession, it probably will level it off, but certainly it will not pull us up,” External link

manilatimes Thursday, July 16, 2020 9:31:00 PM EAT

Carlos Dominguez said : "This project is so critical for the development of the tourism and the national trade of Northern and Central Luzon. It is important because it opens up the Central Luzon area to the international market and will help passengers gain access to international flights in and out," External link

manilametro Thursday, July 16, 2020 10:47:00 AM EAT

Carlos Dominguez said : "This project is so critical for the development of the tourism and the national trade of Northern and Central Luzon. It is important because it opens up the Central Luzon area to the international market and will help passengers gain access to international flights in and out," External link

irishsun Thursday, July 16, 2020 9:33:00 AM EAT

Carlos Dominguez said : “The Duterte administration has followed the policy of strengthening the capital bases and rationalizing the structures of all government-owned and controlled banks, namely Land Bank [of the Philippines], DBP [Development Bank of the Philippines], OFBank and UCPB, with the objective of improving their level of service and value for their stakeholders, the Filipino people,” External link

manilastandardtoday Friday, July 10, 2020 5:38:00 PM EAT

Carlos Dominguez said : “This latest move of PDIC of converting the capital notes it held to more permanent special preferred shares in UCPB is totally in line with the above objective,” External link

manilastandardtoday Friday, July 10, 2020 5:38:00 PM EAT

Carlos Dominguez said : “It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe,” External link

thestandard-ph Friday, July 10, 2020 4:41:00 PM EAT

Carlos Dominguez said : “Be assured that the Duterte administration will protect our economic gains, support our recovery, strengthen our resilience, and bring us back to the path of inclusive and shared prosperity. This crisis will not diminish our willingness to exercise decisive leadership,” “By working together, we will beat this pandemic and come out even stronger than ever,” External link

thestandard-ph Friday, July 10, 2020 4:41:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into agreement with the government which are very similar to the terms of agreement with Clark airport,” External link

manilastandardtoday Thursday, July 9, 2020 4:00:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into [an] agreement with the government [whose terms are] similar to the terms of the agreements between the project proponents of Clark [International] Airport and BCDA (Bases Conversion and Development Authority),” External link

manilatimes Thursday, July 9, 2020 3:47:00 AM EAT

Carlos Dominguez replied : “we’re not setting aside the NAIA Consortium. They are the one setting aside, not us” External link

manilatimes Thursday, July 9, 2020 3:47:00 AM EAT

Carlos Dominguez said : “It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe,” External link

manilastandardtoday Wednesday, July 8, 2020 10:16:00 PM EAT

Carlos Dominguez said : “Debt is manageable and affordable to us,” External link

manilastandardtoday Wednesday, July 8, 2020 10:16:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Wednesday, July 8, 2020 9:31:00 PM EAT

Carlos Dominguez said : “They are advances that we, or even our children and their children, will have to pay for in some way in the future. The Duterte administration’s policy is to be careful not to borrow beyond sustainable levels, lest we fall into a vicious cycle of accumulating unmanageable debt, which might drastically increase our financing costs, and plunge us deeper into debt,” External link

manilatimes Wednesday, July 8, 2020 8:39:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into agreement with the government which are very similar to the terms of agreement with Clark airport,” “We’re not worried about it. We believe these other two proponents step up to the plate here,” External link

manilastandardtoday Wednesday, July 8, 2020 4:53:00 PM EAT

Carlos Dominguez said : "government interventions such as the lockdown helped prevent as much as 1.3 to 3.5 million infections”. Recent weeks, meanwhile, have seen a soaring number of COVID-19 infections, with confirmed cases now over 47,000. As the pandemic persists, Budget Secretary Wendel Avisado assured the public that the country has enough funds to respond to the crisis. " External link

abs-cbnnews Wednesday, July 8, 2020 12:55:00 PM EAT

Carlos Dominguez said : "We have the capacity to borrow...and we have the capacity to pay these loans in the future," External link

4-traders Wednesday, July 8, 2020 11:57:00 AM EAT

Carlos Dominguez said : "Our economy has slowed down during the COVID crisis. We have not been able to collect taxes as we had planned, and we have been spending a lot of money on our COVID response," External link

4-traders Wednesday, July 8, 2020 11:57:00 AM EAT

Carlos Dominguez said : "We have 2 other proponents who are very willing to step into the shoes of the consortium...We are not worried about it. We believe these other two proponents are willing to step up to the plate here," External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : "I got a copy of the letter of the NAIA consortium saying the current economic situation is such that they are not confident they can finance the project, that they cannot together push through with it," External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : “We have not seen any direct result of a slowdown in investments because of the ABS-CBN issue,” External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : "Debt is manageable and affordable to us," External link

abs-cbnnews Wednesday, July 8, 2020 9:50:00 AM EAT

Carlos Dominguez said : "While the people's health and safety remain a priority, we cannot keep on retreating from the virus at the cost of our livelihoods," External link

abs-cbnnews Wednesday, July 8, 2020 8:19:00 AM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Thursday, July 2, 2020 7:18:00 PM EAT

Carlos Dominguez said : “We also need to fund our economic recovery program. This will require us to bridge the wider budget gap with additional borrowings. This facility will help us cover our budget expenditures during this very challenging time,” External link

manilatimes Thursday, July 2, 2020 7:18:00 PM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Wednesday, July 1, 2020 9:15:00 PM EAT

Carlos Dominguez said : “We also need to fund our economic recovery program. This will require us to bridge the wider budget gap with additional borrowings. This facility will help us cover our budget expenditures during this very challenging time,” External link

manilatimes Wednesday, July 1, 2020 9:15:00 PM EAT

Carlos Dominguez said : “We are not looking at increasing taxes but bridging the drop in revenues by increasing our borrowings in the moment. We have enough reserves, we have enough borrowing capacity, so we are using that,” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : “Investments in government bonds…will help us cover our deficit brought about by the COVID-19 emergency and prepare our economy for recovery. Because of the fiscal discipline we have exercised over the past few years, the Philippine government found financial strength in the midst of a global health and now economic crisis,” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : “So we have to face the new reality. The reality today is that the virus is not going to go away. And we will have to live with it for a long period of time,” “You know, you put NCR, CALABARZON, that is where the economy is based. About 67 percent of our economy is based on that area. Those places should move more to the MGCQ as quickly as possible because people have to start working” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : "The reality today is that the virus is not going to go away and we will have to live with it for a very long time," External link

news-yahoo Wednesday, July 1, 2020 8:35:00 PM EAT

Carlos Dominguez said : “I am sure we shall soon prevail over this emergency. We will return to our growth path and recover our economic momentum. What will be unchanged is the deep friendship and cooperation between our two countries,” External link

manilastandardtoday Wednesday, July 1, 2020 3:46:00 PM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Wednesday, July 1, 2020 1:51:00 PM EAT

Carlos Dominguez said : “So we have to face the new reality. The reality today is that the virus is not going to go away. And we will have to live with it for a long period of time. So so far, that’s the story, Mr. President. And I really believe, we really should begin opening,” “You know, you put NCR, Calabarzon, that is where the economy is based. About 60 percent or 67 percent of our economy is based on that area. That should move more to the MGCQ as quickly as possible because people have to start working,” External link

manilatimes Wednesday, July 1, 2020 1:02:00 PM EAT

Carlos Dominguez said : “We should monitor it on a — maybe on a barangay level and if you know, the cases go up, just close it down. But do it on a place to place. And do it also on a company-to-company basis. So if the company has big spike [of coronavirus infections], close it down also,” External link

manilatimes Wednesday, July 1, 2020 1:02:00 PM EAT

Carlos Dominguez said : “The Philippine government is grateful to the AFD for co-financing with the ADB two programs [that support] President Duterte’s overriding goal of accelerating infrastructure development in order to spur high growth, attract investments, create jobs and achieve financial inclusion for all Filipinos,” “Such financial support from the country’s development partners like AFD for our priority programs is crucial at this time, when the Philippine government is embarking on its resources-intensive, four-pillar strategy to suppress the coronavirus outbreak and provide relief to our most affected sectors while restarting the stalled economy to a quick recovery from the global economic slump induced by the lethal virus,” External link

manilatimes Monday, June 29, 2020 9:26:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “The Philippine government is grateful to the Agence Francaise de Developpement for co-financing with the Asian Development Bank two programs supportive of President Rodrigo Duterte’s overriding goal of accelerating infrastructure development in order to spur high growth, attract investments, create jobs and achieve financial inclusion for all Filipinos,” External link

manilastandardtoday Monday, June 29, 2020 5:52:00 PM EAT

Carlos Dominguez replied : “We are conducting investigations of those allegations. It’s probably true,” External link

inquirer Thursday, June 25, 2020 2:26:00 AM EAT

Carlos Dominguez said : “Because of the TRAIN [Tax Reform for Acceleration and Inclusion] law, online businesses making no more than P250,000 in profit per year will be tax-exempt. The sellers selling less than P3 million a year will be exempted from VAT. The rules as they stand were legislated by Congress and are reasonable and fair,” External link

inquirer Thursday, June 25, 2020 2:26:00 AM EAT

Carlos Dominguez said : “When the government can access debt at least cost, so will our private enterprises in need of assistance. The ability to refinance at lower cost will help us recover more quickly and more sustainably,” External link

tribuneonline Thursday, June 25, 2020 12:12:00 AM EAT

Carlos Dominguez said : “Among these reforms is the taxation of the digital economy to generate more revenues, while establishing more clarity in what will be the inevitable future of the global economy,” “If this turns out to be a very long battle, we should have all the fiscal tools to outlast the enemy. Be assured that this crisis will neither diminish our capacity for good governance nor our willingness to exercise decisive leadership,” External link

tribuneonline Thursday, June 25, 2020 12:12:00 AM EAT

Carlos Dominguez said : “In the coming years, we will look back to this initiative as an important leap in the use of web-based and mobile apps in making the filing of returns and payment of taxes more efficient and convenient,” External link

manilatimes Monday, June 22, 2020 9:12:00 PM EAT

Carlos Dominguez said : “Once an international agreement is reached, we will immediately study and propose tax reforms to capture [the] income tax on cross-border digital transactions,” External link

manilatimes Sunday, June 21, 2020 9:14:00 PM EAT

Carlos Dominguez said : “The premyo bond has not only exceeded expectations in terms of subscription but, more importantly, in promoting financial inclusion. The premyo bonds have encouraged thousands of new small investors to participate in this underdeveloped market,” External link

manilatimes Friday, June 19, 2020 10:06:00 PM EAT

Carlos Dominguez said : “We thank the ADB for again extending its support to our sustained efforts to mitigate the impact of the COVID-19 pandemic on our economy and our people. This budget-support loan will not only help bridge our funding gap for our COVID-19 response but will also strengthen our social protection program as we restart our economy and help people get back on their feet amid the pandemic,” External link

manilastandardtoday Wednesday, June 17, 2020 4:16:00 PM EAT

Carlos Dominguez said : “Advanced Japanese know-how and technology will be adopted for the construction of the bypass road and tunnel. Construction will start this year and will be operational by 2023,” External link

manilatimes Tuesday, June 16, 2020 9:36:00 PM EAT

Carlos Dominguez said : “Given the challenging circumstances, these projects bring more support to our economic recovery well beyond their nominal value,” External link

manilastandardtoday Tuesday, June 16, 2020 6:37:00 PM EAT

Carlos Dominguez said : “This initial public offering signals trust in our good economic prospects. It shares in the optimism that, notwithstanding the global downturn engulfing us today, the Philippine economy has the fundamentals to rise quickly from the devastation wrought by the pandemic,” External link

manilatimes Monday, June 15, 2020 7:35:00 PM EAT

Carlos Dominguez noted : “In addition, MerryMart will contribute to further enhance our logistics system by bringing goods from the producers to the consumers at the least cost,” External link

manilatimes Monday, June 15, 2020 7:35:00 PM EAT

Carlos Dominguez said : “This initial public offering signals trust in our good economic prospects. It shares in the optimism that, notwithstanding the global downturn engulfing us today, the Philippine economy has the fundamentals to rise quickly from the devastation wrought by the pandemic,” External link

pna Monday, June 15, 2020 10:11:00 AM EAT

Carlos Dominguez says : “It looks like our fiscal deficit is going to be around 8.1 percent of GDP,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “do not qualify as additional revenues or savings. So we cannot use borrowing as support for that,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “The Constitution says we cannot have a supplemental budget that is not supported by additional revenues or savings. Right now we have no savings, because we have used them all up. And we have no additional sources of revenues on the horizon,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “That is a political question. I mean, how will it look to the ordinary people, when you’re saying, oh, we promise you so much, knowing that is not fiscally sustainable? I mean, is that the responsible political message you’re sending? I’m not sure,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez said : “On behalf of the Philippine government, we thank the AIIB and President Jin Liqun for committing with the ADB to support the CARES program, which will go a long way in helping our people get back on their feet, and our economy recover and emerge stronger after the crisis,” External link

tribuneonline Tuesday, June 9, 2020 8:34:00 PM EAT

Carlos Dominguez said ( about Jin Liqun ) : “The loan package from the AIIB will help augment our funding requirements necessary to mitigate the severe negative impact of COVID-19 on our people and our economy. On behalf of the Philippine government, we thank the AIIB and president Jin Liqun for committing with the ADB to support the CARES program, which will go a long way in helping our people get back on their feet, and our economy recover and emerge stronger after the crisis,” External link

manilastandardtoday Tuesday, June 9, 2020 4:20:00 PM EAT

Carlos Dominguez said : "The loan package from the AIIB will help augment our funding requirements necessary to mitigate the severe negative impact of COVID-19 on our people and our economy," External link

xinhuanet_en Tuesday, June 9, 2020 8:30:00 AM EAT

Carlos Dominguez said : “Even with a strong and resilient economy, our funds are not limitless. What we constantly underscore with various stakeholders, including the Congress, is the need to have a realistic economic recovery program that is fiscally sustainable because we do not know how long this pandemic will last. Support from the government must be targeted and focused on efforts that will yield the highest multiplier effect on the economy,” External link

tribuneonline Tuesday, June 9, 2020 12:44:00 AM EAT

Carlos Dominguez said ( about Philippine Constitution ) : “The Constitution specifically requires the certification of excess funds and new revenue sources to support the passage of any supplemental budget. In running a business or a company, we know that borrowings or loans are not revenues. We appreciate the wisdom behind the Constitutional provision for in the absence of additional revenues or income, we jeopardize our fiscal sustainability,” External link

tribuneonline Tuesday, June 9, 2020 12:44:00 AM EAT

Carlos Dominguez said : “In running a business or a company, we know that borrowings or loans are not revenues. We appreciate the wisdom behind the Constitutional provision for in the absence of additional revenues or income, we jeopardize our fiscal sustainability,” External link

manilatimes Monday, June 8, 2020 10:05:00 PM EAT

Carlos Dominguez said ( about Benjamin Diokno ) : “The unemployment figures, I believe are temporary and they are not surprising. As (central bank) Governor (Benjamin) Diokno says, this is not due to any other reason other than the lockdown,” External link

tribuneonline Monday, June 8, 2020 8:55:00 PM EAT

Carlos Dominguez said : “Even with a strong and resilient economy, our funds are not limitless. What we constantly underscore with various stakeholders, including the Congress, is the need to have a realistic economic recovery program that is fiscally sustainable because we do not know how long this pandemic will last. Support from the government must be targeted and focused on efforts that will yield the highest multiplier effect on the economy,” External link

manilastandardtoday Monday, June 8, 2020 5:00:00 PM EAT

Carlos Dominguez said : “We again thank the ADB for its continued strong support to the Philippines as it grapples with the coronavirus scourge, this time by extending financial assistance to strengthen domestic capital markets as the country clears the path to a quick recovery from the havoc wrought on the global economy by this lethal virus,” External link

manilastandardtoday Friday, June 5, 2020 4:13:00 PM EAT

Carlos Dominguez said : “This is the third loan accord that we have signed with the World Bank that is designed to assist us in swiftly responding to the challenges brought about by the COVID-19 emergency. The World Bank has always been our reliable partner in strengthening our country’s economic resilience,” “We once again thank the World Bank for its prompt action on this financial support package that will help us to promptly provide relief to poor and low-income households and employees of MSMEs who lack the means to fend for themselves during the lockdowns implemented nationwide to contain the spread of COVID-19,” External link

manilastandardtoday Thursday, June 4, 2020 5:46:00 PM EAT

Carlos Dominguez said : “the change is in view of World Bank’s advice to specifically come up with a new development policy loan on the country’s COVID-19 response instead of a supplemental financing package for the Promoting Competitiveness and Enhancing Resilience to Natural Disasters project” External link

manilastandardtoday Thursday, June 4, 2020 5:46:00 PM EAT

Carlos Dominguez said : “This is the third loan accord that we have signed with the World Bank that is designed to assist us in swiftly responding to the challenges brought about by the Covid-19 emergency. The World Bank has always been our reliable partner in strengthening our country’s economic resilience,” External link

pna Thursday, June 4, 2020 12:32:00 PM EAT

Carlos Dominguez said : “We are aware that several tax administrations have started to impose digital services tax even when countries have yet to agree on how to reallocate income taxation rights on cross-border digital transactions,” “We are constantly monitoring developments on this matter. Once an international agreement is reached, we will immediately study and propose tax reforms to capture income tax on cross-border digital transactions,” External link

tribuneonline Wednesday, June 3, 2020 10:54:00 PM EAT

Carlos Dominguez explained : “Salceda’s bill deals with how we might capture digital purchases into the VAT base and how to absorb profits generated by digital companies into our corporate income tax system,” “We are studying how best these goals can be achieved, considering the transnational nature of most of these transactions… We are studying how the bill will fit in our tax administration system and which enhancements in our revenue regulations would be necessary should the bill pass into law,” External link

tribuneonline Wednesday, June 3, 2020 10:54:00 PM EAT

Carlos Dominguez said : “We are aware that several tax administrations have started to impose [a] digital services tax, even when countries [are] yet to agree on how to reallocate income taxation rights on cross-border digital transactions. We are constantly monitoring developments on this matter,” External link

manilatimes Wednesday, June 3, 2020 8:46:00 PM EAT

Carlos Dominguez said : “The affirmation of the BBB+ rating with a stable outlook is an unequivocal recognition by the S&P of the resilience of the economy to regain its growth trajectory in the new normal,” “We are confident that to our govenrment’s four-pillar strategy to deal with the pandemic will see us through this global health emergency as we remain focused on saving lives and protecting communities while gradually lifting mobility restrictions to restart the economy and get people back to work,” External link

tribuneonline Sunday, May 31, 2020 3:52:00 PM EAT

Carlos Dominguez said : "The economy can no longer bear any delay in this reform. Now is the best time to do it," External link

abs-cbnnews Friday, May 29, 2020 8:31:00 PM EAT

Carlos Dominguez said : “At this point, every session hour counts, and we thank the Congress for working hard on this historic reform,” External link

manilatimes Thursday, May 28, 2020 7:47:00 AM EAT

Carlos Dominguez added : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the Covid-19 pandemic,” External link

manilatimes Tuesday, May 26, 2020 11:42:00 AM EAT

Carlos Dominguez said : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to nation-building as we work together to get the economy back on its feet in the face of the COVID-19 pandemic,” External link

tribuneonline Monday, May 25, 2020 11:37:00 PM EAT

Carlos Dominguez said : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the COVID-19 pandemic,” External link

abs-cbnnews Monday, May 25, 2020 10:00:00 AM EAT

Carlos Dominguez added : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the Covid-19 pandemic,” External link

pna Monday, May 25, 2020 9:13:00 AM EAT

Carlos Dominguez said : “It is heartening to note that this is the second international ranking published within the past several weeks in which the Philippines has placed within the top 10 percent of selected countries,” External link

tribuneonline Sunday, May 24, 2020 11:22:00 PM EAT

Carlos Dominguez said : “We will seek to continuously improve our performance in all these areas, including control of corruption, taxes and quality of life, while staying the course with our conservative debt and fiscal management and with a steady focus on human capital and infrastructure development,” External link

tribuneonline Sunday, May 24, 2020 11:22:00 PM EAT

Carlos Dominguez told : “Ultimately, having a clear and efficient tax regime for the digital economy will be critical, as more and more taxable transactions shift from traditional means of doing business to more virtual avenues, a trend accelerated by Covid-19,” External link

manilatimes Sunday, May 24, 2020 8:17:00 PM EAT

Carlos Dominguez said : “What we should be doing is identifying these industries and then going to each of the companieseach of the leading companies in those industries around the worldand asking them: what do you need for you to come to the Philippines? Instead of waiting for them to apply, we should be going to them and offering them a package,” External link

manilastandardtoday Sunday, May 24, 2020 5:03:00 PM EAT

Carlos Dominguez said ( about Joey Salceda ) : "Ultimately, having a clear and efficient tax regime for the digital economy will be critical, as more and more taxable transactions shift from traditional means of doing business to more virtual avenues, a trend accelerated by COVID-19," "We are studying the bill of Ways and Means Chair Salceda very carefully and looking into what parts of the digital economy should be taxed," External link

abs-cbnnews Friday, May 22, 2020 2:09:00 PM EAT

Carlos Dominguez said : “Create is one of the largest economic stimulus measures in the country’s history, given that the measure would free up almost P42 billion in business capital for 2020 alone—and P625 billion over the succeeding five years,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “This recalibrated [tax] package two is clearly not an effort to raise taxes as this will be decisively revenue-negative, leaving more resources in the hands of business owners to fund operations and retain employees,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez added : “On top of the outright 5-percent tax cut in 2020, the Create bill also provides for a 1-percentage point reduction in the corporate income tax each year until 2027, so that the rate will only be 20 percent by that time,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “We have started the study in improving our tax collections on video streaming (and) commerce conducted through the internet. Right now, we don’t have a picture of the total amount of transactions,” External link

tribuneonline Thursday, May 21, 2020 11:23:00 PM EAT

Carlos Dominguez said : “The bank has helped us build critical infrastructure to support our economic growth,” “We are extremely grateful for this partnership,” External link

tribuneonline Thursday, May 21, 2020 11:23:00 PM EAT

Carlos Dominguez said : “The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

pna Thursday, May 21, 2020 1:46:00 PM EAT

Carlos Dominguez told : "I was the Secretary of Agriculture who cleaned up the mess that was left by Masagana 99. There were about 800 rural banks that were bankrupted by that program and we had to rescue them," External link

abs-cbnnews Wednesday, May 20, 2020 1:12:00 PM EAT

Carlos Dominguez said : "Whether it was a total success or not, it has to be measured against that," External link

abs-cbnnews Wednesday, May 20, 2020 1:12:00 PM EAT

Carlos Dominguez said : “Yes, we have started the study on improving our tax collections on video streaming, on commerce conducted through the internet,” External link

abs-cbnnews Wednesday, May 20, 2020 11:23:00 AM EAT

Carlos Dominguez said : “To sustain the efforts of the private sector to recover from the present crisis, we also proposed that the corporate income tax be reduced further by one percentage point per year starting 2023 until it reaches 20 percent in 2027,” External link

manilatimes Tuesday, May 19, 2020 11:36:00 PM EAT

Carlos Dominguez added : “Clearly, this is not an effort to raise taxes as the taxes will be decisively revenue negative. The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premiere investment destination for companies that are looking to diversify their supply chain,” External link

manilatimes Tuesday, May 19, 2020 11:36:00 PM EAT

Carlos Dominguez said : “For pillar 2, we have marshalled resources to fight Covid-19 to support our frontline healthcare workers and increase the testing, tracing and treatment capacity of our health system,” External link

manilatimes Tuesday, May 19, 2020 10:03:00 PM EAT

Carlos Dominguez added ( about Bangko Sentral ) : “The third pillar consists of a bold fiscal and monetary actions to finance emergency initiatives and keep the economy afloat. (It) includes standby financing for our economic recovery plan and a P233-billion liquidity infusion into the economy from the timely, anticipatory responses of the Bangko Sentral ng Pilipinas,” External link

manilatimes Tuesday, May 19, 2020 10:03:00 PM EAT

Carlos Dominguez told : “This will be one of the largest economic stimulus measures in the country’s history,” External link

abs-cbnnews Tuesday, May 19, 2020 3:15:00 PM EAT

Carlos Dominguez told : “to get business back on their feet and sustain and create jobs,” External link

abs-cbnnews Tuesday, May 19, 2020 1:27:00 PM EAT

Carlos Dominguez said : "We are borrowing a lot of money. We have tapped our multilateral agencies," External link

abs-cbnnews Tuesday, May 19, 2020 11:44:00 AM EAT

Carlos Dominguez said : "this will generate jobs and it has a multiplier effect," External link

abs-cbnnews Tuesday, May 19, 2020 11:44:00 AM EAT

Carlos Dominguez remarked : “The success of this bond float despite the Covid-induced volatility is also reflective of the global recognition of, and support for, the Duterte administration’s four-pillar strategy to mitigate the impact of the global health crisis” External link

manilatimes Monday, May 18, 2020 9:37:00 PM EAT

Carlos Dominguez said : “I would rather think that if you really want to attract companies that you really want, we have to first identify what are the industries that we want to bring in…instead od waiting for them to come and apply, we have to ask them what they need for them to invest (in us),” “We should be able to tailor fit to the needs of the companies that we want to bring them here rather than making a one size fits all incentives package for (everybody),” External link

tribuneonline Thursday, May 14, 2020 10:12:00 PM EAT

Carlos Dominguez added : “P50 billion will be divided, roughly 70:30, between LandBank and DBP in that proportion, and another P20 billion to Philguarantee,” External link

manilatimes Thursday, May 14, 2020 9:26:00 PM EAT

Carlos Dominguez said : “We should also hire contact tracers en masse to boost our efforts to stop transmission and defeat Covid-19 while providing jobs,” “I think we can provide good jobs to people,” External link

gulf-times Wednesday, May 13, 2020 11:33:00 PM EAT

Carlos Dominguez said : “The bill has been with the Senate for a few months. We would like to ask for your support so that Congress can pass this before June 3,” External link

gulf-times Wednesday, May 13, 2020 11:33:00 PM EAT

Carlos Dominguez said : “Enacting the CITIRA will attract foreign investors who want to relocate from other countries and are in search of resilient, high-growth-potential economies like the Philippines,” External link

tribuneonline Tuesday, May 12, 2020 10:51:00 PM EAT

Carlos Dominguez said : “We need to do many things to revive the economy,” External link

tribuneonline Tuesday, May 12, 2020 7:29:00 PM EAT

Carlos Dominguez said : “After we are confident that we are in control of the death rate and infections, we should restart and accelerate ‘Build, Build, Build’ subject to minimum health standards,” “Our real problem is that the people are not buying things because their incomes have gone down. We must provide them the means of buying things” External link

tribuneonline Tuesday, May 12, 2020 7:29:00 PM EAT

Carlos Dominguez said : "Our real problem is that the people are not buying things because their incomes have gone down. We must provide them the means of buying things," "If they're not buying things, it's useless to stimulate the companies," External link

abs-cbnnews Tuesday, May 12, 2020 12:26:00 PM EAT

Carlos Dominguez said : “After we are confident that we are in control of the death rate and infections, we should restart and accelerate the Build Build Build program subject to minimum health standards,” “The infrastructure remains to be the best driver of economic growth because it has the best multiplier effects in terms of employment and shared prosperity,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “We should also hire contact tracers en masse to boost our efforts to stop transmission and defeat Covid-19 while providing jobs,” “If we hire these guys to do contact tracing, which we are having a very hard time right? Doing the contact tracing. I think we can provide good jobs to people,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “The bill has been with the Senate for a few months. We would like to ask for your support so that Congress can pass this before June 3,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “The SSS has partnered with the Development Bank of the Philippines to automate the payout of the subsidy, which has allowed the distribution to scale up in a short span of time,” External link

manilatimes Sunday, May 10, 2020 8:20:00 PM EAT

Carlos Dominguez told : “In order for POGO service providers to be allowed to operate, they must pay their 2019 income tax liabilities or, in the case of POGO franchisees, the franchise tax of 2019,” External link

manilatimes Saturday, May 9, 2020 9:25:00 PM EAT

Carlos Dominguez said : “must also execute an undertaking to pay the BIR all their arrears,” “Once these are complied with, the BIR will issue a tax clearance to enable them to operate” External link

manilatimes Saturday, May 9, 2020 9:25:00 PM EAT

Carlos Dominguez told : “In order for POGO service providers to be allowed to operate, they must pay their 2019 income tax liabilities, or in the case of POGO franchisees, the franchise tax of 2019,” External link

tribuneonline Friday, May 8, 2020 8:16:00 PM EAT

Carlos Dominguez said : “both service providers and licensees must also remit to the BIR (Bureau of Internal Revenue) all current 2020 withholding tax liabilities” External link

pna Friday, May 8, 2020 2:44:00 PM EAT

Carlos Dominguez told ( about Philippine Amusement ) : “In order for POGO (Philippine offshore gaming operators) service providers to be allowed to operate, they must pay their 2019 income tax liabilities, or in the case of POGO franchisees, the franchise tax of 2019,” External link

manilatimes Friday, May 8, 2020 2:10:00 PM EAT

Carlos Dominguez said : “It continued the same (downward) trend but you have to remember, that is not lost. That is only postponed. If you remember, taxes due on 15 April, was postponed to a further date, those taxes are for income earned last year,” External link

tribuneonline Wednesday, May 6, 2020 11:17:00 PM EAT

Carlos Dominguez said : “The reason we’re being careful with that is because we don’t want a relapse. Because the relapse could be worse and we’ve seen it in other countries who relaxed a bit too early. I mean, their lockdown is even harder now,” External link

tribuneonline Wednesday, May 6, 2020 10:14:00 PM EAT

Carlos Dominguez said : “The worst of times brings out the best in men. Beyond the call of duty, our police officers and our non-uniformed PNP personnel volunteered to donate a portion of their pay to help fund the government’s efforts against the contagion,” External link

tribuneonline Wednesday, May 6, 2020 10:14:00 PM EAT

Carlos Dominguez said : “Classification [as BPOs] does not exempt [them from taxes],” “There must be [an] express provision [in the] law [that would grant] incentives” External link

manilatimes Wednesday, May 6, 2020 12:17:00 AM EAT

Carlos Dominguez added : “The laws passed by the legislature allow it. If you don’t want to allow it, pass a law. It’s as easy as that,” External link

tribuneonline Monday, May 4, 2020 7:54:00 PM EAT

Carlos Dominguez said : “This assessment shows that improving our revenue flows through our tax reform program, being judicious with expenditures and investments, and maintaining a well-balanced debt management strategy are serving the country well,” External link

manilastandardtoday Monday, May 4, 2020 5:48:00 PM EAT

Carlos Dominguez said : “I think we should look back and see what preparations the Congress allowed us to make, to come out of this Covid crisis, to prepare for it. And that was really the tax reform. I think this is a good example of why tax reform works,” External link

pna Monday, May 4, 2020 9:32:00 AM EAT

Carlos Dominguez said : “Right now, we have a bill passed by the House and it’s sitting idle in the Senate. It is a stimulus bill because it reduces taxes for everyone whether or not you were hit by the coronavirus,” External link

tribuneonline Sunday, May 3, 2020 9:06:00 PM EAT

Carlos Dominguez said : “This assessment show that improving our revenue flows through our tax reform program, being judicious with expenditures and investments and maintaining a well-balanced debt management strategy are serving the country well,” “It also suggests that the Philippines has the confidence of the international community, which will go a long way in helping us finance our COVID-19 (coronavirus disease) response measures,” External link

tribuneonline Saturday, May 2, 2020 10:35:00 PM EAT

Carlos Dominguez said : “This assessment shows that improving our revenue flows through our tax reform program, being judicious with expenditures and investments and maintaining a well-balanced debt management strategy are serving the country well,” “It also suggests that the Philippines has the confidence of the international community, which will go a long way in helping us finance our COVID-19 (coronavirus disease) response measures,” External link

tribuneonline Friday, May 1, 2020 4:32:00 PM EAT

Carlos Dominguez said : “We thank the ADB for its swift and continuing support to the Duterte administration’s efforts to blunt the impact of the worldwide coronavirus outbreak on our people and the economy,” External link

tribuneonline Thursday, April 30, 2020 10:30:00 PM EAT

Carlos Dominguez said : “The World Bank has again acted swiftly to help developing economies like the Philippines meet the ever-increasing demand for medical care and health facilities resulting from the coronavirus-induced global health crisis,” External link

manilastandardtoday Wednesday, April 29, 2020 6:11:00 PM EAT

Carlos Dominguez said : “We thank the World Bank once again for supporting our efforts to contain the spread of the virus and expand our capacity to prevent and prepare for emerging infectious diseases in the future,” External link

manilastandardtoday Wednesday, April 29, 2020 6:11:00 PM EAT

Carlos Dominguez said : “Such support from the investor community is a result of the continued strong macroeconomic fundamentals of the country brought about by the reform agenda of the Duterte administration,” “The success of this bond float despite the COVID-induced volatility is also reflective of the global recognition of, and support for, the Duterte administration’s four-pillar strategy to mitigate the impact of the global health crisis,” External link

manilastandardtoday Tuesday, April 28, 2020 4:58:00 PM EAT

Carlos Dominguez said : “We will propose to Congress an extended NOLCO of five years for net losses that will be incurred in 2020. This means that a small business’ losses this year may be deducted from their income for up to the next five years for tax purposes. The purpose of extending NOLCO is to give them more time to recoup their losses arising from the implementation of the enhanced community quarantine (ECQ) and other measures to contain the spread of Covid-19,” External link

pna Tuesday, April 28, 2020 4:50:00 AM EAT

Carlos Dominguez said : “Sin taxes are imposed to discourage the consumption of products that are detrimental to health. We don’t wish to exacerbate the current crisis,” External link

tribuneonline Monday, April 27, 2020 10:38:00 PM EAT

Carlos Dominguez said : “We will propose to Congress an extended NOLCO of five years for net losses that will be incurred in 2020. This means that a small business’ losses this year may be deducted from their income for up to the next five years for tax purposes. The purpose of extending NOLCO is to give them more time to recoup their losses arising from implementation of the enhanced community quarantine and other measures to contain the spread of COVID-19,” External link

manilastandardtoday Monday, April 27, 2020 5:23:00 PM EAT

Carlos Dominguez said : “The credit guarantee program will provide small businesses easier access to bank financing, which tends to contract during crisis periods,” External link

manilastandardtoday Monday, April 27, 2020 5:23:00 PM EAT

Carlos Dominguez said ( about Masatsugu Asakawa ) : “We thank the ADB under the leadership of President Masatsugu Asakawa for swiftly responding to the Philippines’ call for funding support in this time of crisis. We thank the bank as well for streamlining its operations to quickly deliver its assistance and for tripling the size of its response package from $6.5 billion to $20 billion to help developing member-countries combat COVID-19,” External link

manilastandardtoday Friday, April 24, 2020 5:19:00 PM EAT

Carlos Dominguez said : “So far, ang nagastos po natin is already, for this (Covid-19) is, na hindi natin plinano, ay PHP352.7 billion na (So far, we have already spent PHP352.7 billion for this Covid-19. This is unplanned),” External link

pna Friday, April 24, 2020 7:37:00 AM EAT

Carlos Dominguez said : "So far, sufficient ang cash natin, pero naiipit tayo sa budget allowance," External link

abs-cbnnews Friday, April 24, 2020 4:09:00 AM EAT

Carlos Dominguez said : “Definitely the fuel-marking program, as part of our tax reform, is having a positive effect on our revenues and, therefore, on our ability to withstand the ill effects of the contagion,” External link

manilatimes Wednesday, April 22, 2020 11:35:00 PM EAT

Carlos Dominguez said : “This has been briefly discussed and we said that perhaps one of the rules that will apply here is if they decide to open up the POGO perhaps the final approval should come from the Bureau of Internal Revenue,” External link

tribuneonline Wednesday, April 22, 2020 1:59:00 PM EAT

Carlos Dominguez said : “If the private schools provide a study now pay later program and get a promissory note from students… Landbank can lend money to the private school against that promissory note up to 70 percent of the value of that promissory note,” External link

tribuneonline Tuesday, April 21, 2020 5:16:00 PM EAT

Carlos Dominguez said : “We could probably go up to P1 billion very easily with that facility but they are studying it. And really this is aimed for people, especially OFW who are coming back and who decided to upgrade their skills and go back to school,” “So this program will be available soon to private schools” External link

tribuneonline Tuesday, April 21, 2020 5:16:00 PM EAT

Carlos Dominguez said : “This has been briefly discussed and we said that perhaps one of the rules that will apply here is if they decide to open up the POGO perhaps the final approval should come from the Bureau of Internal Revenue,” External link

tribuneonline Tuesday, April 21, 2020 4:34:00 PM EAT

Carlos Dominguez said : “We will make sure that there will be enough funds to support those decisions. But again, we are watching this very carefully, as most countries in the world are…and we’re moving conservatively,” External link

tribuneonline Tuesday, April 21, 2020 3:42:00 PM EAT

Carlos Dominguez said : “That’s under consideration because absence of cigarettes encourages illicit trade. But let me reiterate, it will depend on the result of the ongoing evaluation of the tradeoffs involved in maintaining the current lockdown or tightening or loosening it further,” External link

tribuneonline Monday, April 20, 2020 11:15:00 PM EAT

Carlos Dominguez asserted : “Our tax collections are definitely going to be a bit lower than our original target but as I said, these are the things that we can finance,” External link

tribuneonline Sunday, April 19, 2020 10:50:00 PM EAT

Carlos Dominguez said : “Our tax collections are definitely going to be a bit lower than our original target but as I said, these are things that we can finance,” External link

manilastandardtoday Sunday, April 19, 2020 5:09:00 PM EAT

Carlos Dominguez said : “Any recommendation should include a clear analysis of the trade-offs involved” External link

inquirer Saturday, April 18, 2020 6:47:00 PM EAT

Carlos Dominguez said : “the worst possible scenario, maybe at some point, we may sell some assets but at this point, that’s not yet necessary” “And frankly, I don’t think that it will be necessary I don’t believe that will ever happen,” External link

pna Friday, April 17, 2020 4:46:00 AM EAT

Carlos Dominguez told : “The operative word is ‘planned’. We will evaluate options when the conditionalities are available,” External link

tribuneonline Friday, April 17, 2020 12:52:00 AM EAT

Carlos Dominguez said : “Extension of the tax deadline means we have to finance expenditures more from borrowings than from revenues” External link

pna Thursday, April 16, 2020 4:52:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our health care system,” External link

manilastandardtoday Wednesday, April 15, 2020 10:48:00 PM EAT

Carlos Dominguez said ( about Cory Aquino ) : “We have built a 34-year track record, beginning with the Cory Aquino administration, of honoring our country’s obligations. Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers,” External link

manilastandardtoday Wednesday, April 15, 2020 10:48:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our health care system,” External link

thestandard-ph Wednesday, April 15, 2020 10:23:00 PM EAT

Carlos Dominguez said ( about Cory Aquino ) : “We have built a 34-year track record, beginning with the Cory Aquino administration, of honoring our country’s obligations. Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers,” External link

thestandard-ph Wednesday, April 15, 2020 10:23:00 PM EAT

Carlos Dominguez said : “We thank the World Bank for its swift action on this facility in support of disaster risk management, coming at this critical time when the Philippines, like most other countries worldwide, is struggling to cope with the devastating health, social and economic impacts of the coronavirus pandemic,” “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system,” External link

manilastandardtoday Wednesday, April 15, 2020 6:56:00 PM EAT

Carlos Dominguez said : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system,” External link

tribuneonline Wednesday, April 15, 2020 12:40:00 PM EAT

Carlos Dominguez said : "This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration's overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system," External link

abs-cbnnews Wednesday, April 15, 2020 9:09:00 AM EAT

Carlos Dominguez said : “They said that your decisiveness in, first, reducing the number of people coming into the Philippines in February and then in March followed up by the lockdown probably has saved 100,000 lives in the Philippines,” External link

elevenmyanmar Wednesday, April 15, 2020 8:27:00 AM EAT

Carlos Dominguez said : “Debt moratorium has not crossed our minds. It was never entertained or will ever be a part of our crisis response measures,” “The strongest pillar of the Philippines’ standing in the global economic community is that the country honors its financial obligations — and, for that reason, investor confidence in our economy is broad and deep,” External link

tribuneonline Tuesday, April 14, 2020 10:49:00 PM EAT

Carlos Dominguez said : “Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers. Rather than take an option that will tank our long-term investment and borrowing prospects, we should burnish our reputation as a borrower and a business partner with integrity and palabra de honor (word of honor) because this ultimately benefits the Filipino people,” External link

manilatimes Tuesday, April 14, 2020 7:17:00 PM EAT

Carlos Dominguez added : “The strongest pillar of the Philippines’ standing in the global economic community is that the country honors its financial obligations and, for that reason, investor confidence in our economy is broad and deep," Dominguez said. He noted that even when the country's debt-to-GDP ratio hit as high as 78.3 percent in 1986, the Philippines still paid its debt. The Philippines’ total debt-to-GDP ratio stood at 44.2 percent in 2019, while the actual debt-to-GDP ratio, which excludes guarantees, was down to 41.5 percent that year, the finance chief said. Dominguez said a moratorium risked the country's reputation in the global financial market. "If we lose our credibility among international lenders, we will lose our ability to access low-interest, concessional financing for our recovery and stimulus programs". Sen. Imee Marcos, chair of the Senate committee on economic affairs, earlier said the government should consider suspending debt payments so it can fund the COVID-19 social amelioration program. It was during the dictatorial regime of Marcos' late strongman father Ferdinand Marcos that the country's external debt ballooned. Marcos said in a statement that the 2020 budget for interest payments amounts to P451 billion and principal amortization of P582 billion can be used instead for cash aid. Dominguez said Marcos' figures include debt servicing for loans from domestic creditors, including pensioners and small depositors. He said that around two-thirds of the country's debt is from local creditors. "Senior citizen pensioners, for instance, rely on their investments in government debt instruments for their income," Dominguez said. "Rather than take an option that will tank our long-term investment and borrowing prospects, we should burnish our reputation as a borrower and a business partner with integrity and palabra de honor because this ultimately benefits the Filipino people,” External link

abs-cbnnews Tuesday, April 14, 2020 3:30:00 PM EAT

Carlos Dominguez told : “The strategy now has a combined value of P1.45 trillion or 7.8 percent of GDP (gross domestic product),” External link

manilatimes Tuesday, April 14, 2020 2:27:00 PM EAT

Carlos Dominguez said : “We have actually planned until the end of May for financing. I’m not saying that we will extend it (ECQ) beyond 30 April, but our plan has been really to fund our requirements to beat this COVID-19 (coronavirus disease) from April and May,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez said : “We will make sure that there will be enough funds to support those decisions. But again, we are watching this very carefully, as most countries in the world are. We’re watching this very carefully and we’re moving very conservatively,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez said : “We will announce a program to assist the employees of MSME by tomorrow (Tuesday), as well as to assist the MSME with a loan guarantee program. This will be aimed at what some people call the middle class,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez explained : “With a bigger deficit, this means we will be spending more than we will be collecting. But we are spending more in order to save the people and make sure that they have food on the table during this time,” External link

tribuneonline Sunday, April 12, 2020 6:26:00 PM EAT

Carlos Dominguez said : “We want to assure all our citizens that at this point we have the money although we have to realize that our funds are not endless. We need to spend it correctly and not on wasteful expenditures,” External link

tribuneonline Sunday, April 12, 2020 3:34:00 PM EAT

Carlos Dominguez said : “With a bigger deficit, this means we will be spending more than we will be collecting. But we are spending more in order to save the people and make sure that they have food on the table during this time,” External link

tribuneonline Sunday, April 12, 2020 3:34:00 PM EAT

Carlos Dominguez said : “But we are spending more in order to save the people and make sure that they have food on the table during this time,” “So we are also coming up with a program to continuously borrow more money to support the Philippine economy and our fight against (COVID-19)” External link

arabnews Friday, April 10, 2020 1:01:00 AM EAT

Carlos Dominguez said : “COVID-19 has hit us in a very hard way,” External link

bworldcom Thursday, April 9, 2020 3:39:00 PM EAT

Carlos Dominguez said : "Maganda ang position ng economy natin. Even though we had a bad luck to have this COVID-19, we are very well prepared. Ang growth po natin since 2016 ay 6.4 percent... Itong COVID-19 has hit us in a very hard way. Katotohanan lang ang estimate natin ang GDP growth is 0 or -1 percent. Ang unemployment rate natin ay 1.2 million workers," "We will be spending more than we will be collecting but we are spending more in order to save the people and make sure they have food on the table during this time... So ang debt to GDP natin ay tataas ng 41 percent, siguro aabot ng 47 percent. But that is still very low compared to our other neighbors," External link

manilametro Thursday, April 9, 2020 11:55:00 AM EAT

Carlos Dominguez said : "We want to assure all our citizens at this point in time, we have the money although we have to realize na hindi naman (that it's not) endless 'yung pera na ito. So we have to spend it correctly, hindi 'yung (not) for wasteful expenditures," External link

manilametro Thursday, April 9, 2020 11:55:00 AM EAT

Carlos Dominguez said : “We are confident we have the financial capability to bridge this problem the Covid-19 has brought us. So we want to assure all our citizens that at this point in time, we have the money although we have to realize na hindi naman endless ‘yung pera na ito (that the spending of this money is not endless). So we have to spend it correctly,” External link

pna Thursday, April 9, 2020 5:23:00 AM EAT

Carlos Dominguez said : “We have a survey and we have already received 44,000 respondents and we will analyze that para matingnan natin kung saan ang malaking damage sa tourism, manufacturing, at saka anong mga companies na natamaan nang masama, either small and medium enterprises or ‘yung mga big corporations (so that we can see where there is big damage in tourism, manufacturing, and which companies were hard hit, either small and medium enterprises or big corporations),” External link

pna Thursday, April 9, 2020 4:39:00 AM EAT

Carlos Dominguez said : "In other words, we will be spending more than we are collecting but we will be spending more in order to save the people and make sure that they have food on the table during this time," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : "So ang debt to GDP natin ho tataas from 41%, siguro aabot ng 47%, pero that is still very low in compared to our neighbors. May isang neighbor tayo, 80% ng GDP ang utang nila," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez added : "Ang growth ho natin from 2016 ay average 6.4 percent. 'Yung collection natin ng income ng government is the highest in 22 years as a percentage of our growth," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez added : "We want to assure all our citizens that at this point in time, we have the money, although we have to realize na hindi naman endless itong pera na ito so we have to spend it correctly. Hindi yung for wasteful expenditures," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : "We had a survey and we have already received 44,000 respondents and we will analyze that para matingnan natin kung saan ang malaking damage, sa tourism, sa manufacturing at kung anong mga companies ang natamaan ng masama," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : “We must realise, however, that we do not know how long this contagion will last and that our funds are not inexhaustible. We must therefore prudently marshal our resources and prepare for all eventualities,” External link

gulf-times Thursday, April 9, 2020 12:55:00 AM EAT

Carlos Dominguez said : “We must realize, however, that we do not know how long this contagion will last and that our funds are not inexhaustible. We must therefore prudently marshal our resources and prepare for all eventualities,” External link

manilatimes Wednesday, April 8, 2020 8:38:00 AM EAT

Carlos Dominguez said : “These measures favor all sectors of society, (e)specially those some people call middle class,” External link

pna Tuesday, April 7, 2020 2:27:00 PM EAT

Carlos Dominguez told : “This is a very welcome initiative from [the] AIIB,” External link

manilatimes Saturday, April 4, 2020 1:33:00 AM EAT

Carlos Dominguez said : "Our initial package (of measures) has three goals: support our people, those who have lost their livelihoods; support the efforts of our frontliners to combat the coronavirus by purchasing personal protective equipment (PPEs), medical ventilators, and others; and third, to support the economy as a whole," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "We are going to tap all markets at this point. Again, as I said, it depends on how long this lasts. But we are prepared, very well prepared to increase our debt levels," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "So we're in a very good position to combat this coronavirus and we have the debt capacity to do that," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "At this point we will keep a steady hand in the market and we will see how this develops," "As you know the state funds have a responsibility to the future generations as well. While we are supportive of the market, we have to do it in a very responsible way" External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "Now more than ever, we, the Board of Governors of the ADB, should do our part to support the ADB Management in ensuring that its avowed functions are carried out with utmost efficiency and effectiveness. I therefore call on my fellow Governors to empower our trusted ADB President and the Bank's Management to work alongside the governments of developing member-economies in dealing with the crisis in a highly responsive manner," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez added : "Extraordinary times call for extraordinary measures. A certain degree of discretion ought to be provided to the President on administrative matters, such as allocating the Bank's budget and authority to approve crisis-related programs and projects, within reasonable limits," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez said : "While the immediacy of addressing the health impacts of COVID-19 is upon us, the bigger challenge facing governments and leaders now is how we can collectively address the inevitable economic fallout that will result from this pandemic," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez told : “I have told the people who had come out with that proposal [for] a stimulus package [that it] is not our priority at the moment,” External link

manilatimes Saturday, March 28, 2020 4:36:00 AM EAT

Carlos Dominguez told : “I have told the people who had come out with that proposal [for] a stimulus package [that it] is not our priority at the moment,” External link

manilatimes Friday, March 27, 2020 1:15:00 AM EAT

Carlos Dominguez said : “Those are roughly the numbers, but at this point, we don’t even have a very good estimate of what the GDP (gross domestic product) is going to look like. According to the NEDA (National Economic and Development Authority), it can be -0.66 percent to +4.3 percent,” External link

manilatimes Thursday, March 26, 2020 11:38:00 PM EAT

Carlos Dominguez said : “I have told the people who had come out with that proposal to do a stimulus package that is not our priority at the moment,” External link

pna Thursday, March 26, 2020 5:21:00 PM EAT

Carlos Dominguez said : "I have instructed GSIS and SSS to take advantage of the low stock prices as well as to support the stock market by at least doubling their daily average purchase volumes of last year," External link

abs-cbnnews Friday, March 13, 2020 10:51:00 AM EAT

Carlos Dominguez said ( about On Thursday ) : "Still symptom-free. Had myself tested at 3 p.m. yesterday (Thursday) & was told that I could expect results in 24-48 hours from then," External link

pna Friday, March 13, 2020 8:23:00 AM EAT

Carlos Dominguez said : “I was told that a fellow I met with last Thursday and Friday last week has tested positive for COVID-19 today. I have no symptoms but I am self-isolating until I get tested,” External link

thestandard-ph Friday, March 13, 2020 12:42:00 AM EAT

Carlos Dominguez said : “Under these arrangements, the DOF Building is abandoned and DOF holds office in alternate offices,” External link

abs-cbnnews Thursday, March 12, 2020 1:02:00 PM EAT

Carlos Dominguez said : “In view of limited working spaces, only critical employees and critical offices under each Undersecretary shall report for work in alternate offices. The rest will get instructions online and work in their respective homes,” External link

abs-cbnnews Thursday, March 12, 2020 1:02:00 PM EAT

Carlos Dominguez told : “I was told that a fellow I met with last Thursday and Friday last week has tested positive for Covid-19 today,” External link

manilatimes Wednesday, March 11, 2020 9:46:00 PM EAT

Carlos Dominguez said : “We also remain on track in achieving our target of accelerating infrastructure spending to 7 percent of GDP (gross domestic product) by 2022,” External link

manilatimes Monday, March 9, 2020 1:40:00 AM EAT

Carlos Dominguez told : “You have to look at the cycle of inventory. People here in the Philippines stock up materials way in advance of when they’re required, so you won’t see an immediate effect if there’s a slowdown because there’s inventory here,” External link

tribuneonline Sunday, March 8, 2020 11:15:00 PM EAT

Carlos Dominguez said : “Right now, what we see as the impact of COVID-19 is essentially on tourism and that’s very clear. What’s not so clear is the impact on the productive capacity of our trading partners and the supply chain, and also the demand for our products,” “We’re still parsing the data to find out which industries these are. We should get a clearer picture sometime next week although I heard some stories that people are having a hard time getting computer parts and so on and so forth. But we’re not really clear exactly what industries are affected although tourism definitely is already affected,” External link

tribuneonline Sunday, March 8, 2020 11:15:00 PM EAT

Carlos Dominguez said : “Recently, we have detected the unrestricted influx of millions of dollars worth of foreign currency. An investigation is underway to determine the sources and destinations of these foreign banknotes flagrantly stashed in suitcases and brought into the country,” External link

tribuneonline Saturday, March 7, 2020 10:34:00 PM EAT

Carlos Dominguez said : “The DoF has been calling attention to these loopholes for years. In 2016, the DoF has proposed a bold reform to Congress to penetrate the wall of confidentiality used to conceal ill-gotten money by lifting the bank secrecy rules for suspected criminal cases, however, our legislators decided to table it for later discussion,” External link

tribuneonline Saturday, March 7, 2020 10:34:00 PM EAT

Carlos Dominguez told : “The total project cost amounts to P5.45 billion, of which 4.6 billion or 84.5 percent of the total cost is proposed for official development assistance (ODA) financing through one of the multilateral agencies,” External link

tribuneonline Friday, March 6, 2020 9:06:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “The Duterte administration will continue to ensure that all infrastructure projects are implemented on time and on budget. The ongoing implementation of the majority of these projects will provide the economy the impetus it needs to offset the challenges that could dampen growth this year,” “We also remain on track in achieving our target of accelerating infrastructure spending to 7 percent of GDP (gross domestic product) by 2022,” External link

tribuneonline Friday, March 6, 2020 9:06:00 PM EAT

Carlos Dominguez told : “If people in the legislature want more teeth to look at this. Please give us more teeth. We are not the ones who made things legal or illegal, it’s the legislature,” External link

manilatimes Friday, March 6, 2020 7:15:00 PM EAT

Carlos Dominguez told : “We are sworn to implement all the laws that are in the country but we cannot implement things that are not in the law. Please, if people are concerned, pass a law we will implement, You don’t want POGO (Philippine Offshore Gaming Operators) pass a law,” External link

tribuneonline Friday, March 6, 2020 5:08:00 PM EAT

Carlos Dominguez said : “If the people in the legislature want more teeth to look at this, please give us more teeth. We are not the ones who make things legal or illegal. It’s the legislature. We implement,” “If the law says all the guy has to do is tell us how much he’s bringing in, that’s all we can do. We can’t assume that it’s illegal. It’s not illegal to bring in any amount of foreign exchange as long as you declare it,” External link

tribuneonline Friday, March 6, 2020 5:08:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
secretary58.68%EN11/29/201729/11/2017
finance secretary31.77%EN11/29/201729/11/2017
secretary of finance0.48%EN10/16/201716/10/2017
finance minister2.55%EN08/21/201721/08/2017
minister2.15%EN06/26/201726/06/2017
agriculture secretary0.08%EN05/14/201714/05/2017
finance chief0.16%EN05/11/201711/05/2017
philippines finance minister1.67%EN05/05/201705/05/2017
ministre philippin des finances0.24%FR04/19/201719/04/2017
philippines finance secretary0.72%EN03/07/201707/03/2017
ministre des finances0.08%FR02/06/201706/02/2017
filipino finance secretary0.08%EN12/04/201604/12/2016
labor secretary0.08%EN11/08/201608/11/2016
philippines secretary of finance0.08%EN10/21/201621/10/2016
trade secretary0.08%EN09/11/201611/09/2016
executive secretary0.08%EN08/16/201616/08/2016
hotelier0.08%EN07/22/201622/07/2016
new finance secretary0.16%EN07/06/201606/07/2016
adviser0.08%EN06/28/201628/06/2016
former agriculture chief0.08%EN06/14/201614/06/2016
philippine finance chief0.08%EN06/06/201606/06/2016
ministre0.08%FR06/01/201601/06/2016
former agriculture secretary0.48%EN05/30/201630/05/2016
Names Lang Count
Carlos DominguezEN93.63%
Carlos DominguezFR1.98%
Carlos DomínguezES1.70%
Carlos DominguezPT0.99%
Carlos DomínguezEN0.85%
Carlos DomínguezPT0.71%
Carlos DominguezES0.14%
Carlos " Sonny " DominguezEN0.00%


 
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Harry Roque said ( about Carlos Dominguez ) : “Ang mabuting balita naman po, noong huling ulat ni Presidente sa taumbayan, nandoon po si Secretary Dominguez at sinabi po niya sa akin na, halos nagkasundo na o halos plantsado na yung Bayanihan 2 at magpapatawag na nga po ng special session (The good news is, during the last report of the President to the nation, Secretary Dominguez was there and he told me that they were nearing an agreement, Bayanihan 2 is almost ironed out and we will call for a special session),” External link

manilatimes Thursday, July 2, 2020 11:32:00 AM EAT

Harry Roque told ( about Carlos Dominguez ) : "Nung huling pag-ulat ni Presidente sa taumbayan, nandun po si Secretary Dominguez at sinabi niya sa'kin halos plantsado na ‘yung Bayanihan 2 at magpapatawag na nga po ng special session," External link

abs-cbnnews Thursday, July 2, 2020 5:10:00 AM EAT

Harry Roque said ( about Carlos Dominguez ) : “Nag-rekomenda na po si Secretary Dominguez, k ung hindi po ako nagkakamali. Pero iyan po ay pinag-aaralan pa rin ng Presidente. Hindi po kasi pupuwede na special ang desisyon sa mga POGO (Secretary Dominguez already made a recommendation, if I’m not mistaken. But the President is still studying the proposal because he can’t make a special decision for POGOs),” External link

pna Wednesday, April 22, 2020 11:04:00 AM EAT

Martin Andanar said ( about Carlos Dominguez ) : "Prior to the briefing, some concerned DOF officials had been with Dominguez who has now gone on self-quarantine after exposure to a confirmed COVID-19 case during a recent senate hearing," External link

chinadaily Thursday, March 12, 2020 6:18:00 AM EAT

AfricaBrief

Carlos Dominguez

Last updated on 2017-10-24T17:07+0300.

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Quotes... Extracted quotes from

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Saturday, September 19, 2020 12:57:00 AM EAT

Carlos Dominguez pointed out : “How a country’s economy performs during COVID-19 and how quickly it can bounce back once the crisis is over will depend on its economic resilience,” “This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful,” External link

tribuneonline Saturday, September 19, 2020 12:57:00 AM EAT

Carlos Dominguez noted : “CREATE will provide an outright 5 percentage point reduction in the corporate income tax rate, from 30 to 25 percent, as soon as it is made effective. This will help businesses continue operations and retain jobs. CREATE will also enhance the flexibility of our incentives system so that we can aggressively go after investments that will greatly benefit the Filipino people,” External link

tribuneonline Thursday, September 17, 2020 11:27:00 PM EAT

Carlos Dominguez stated ( about GUIDE ) : “We will fully recover from this crisis once a safe and effective vaccine becomes available, on the strength of our enduring macroeconomic fundamentals. The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Thursday, September 17, 2020 11:27:00 PM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad — at relatively lower cost,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Thursday, September 17, 2020 10:03:00 PM EAT

Carlos Dominguez says : “We think all subsidy programs in the future should be digitized. Ito po mahirap pong gumawa ng kalokohan dito kung by computer, talagang walang cash na hina-handle, nobody can keep the cash,” External link

tribuneonline Thursday, September 17, 2020 8:17:00 PM EAT

Carlos Dominguez said : “AREIT’s public offering is ‘very encouraging,’ especially at this time when the government is preparing the economy to recover from the pandemic,” External link

tribuneonline Thursday, September 17, 2020 4:10:00 AM EAT

Carlos Dominguez said : “AREIT’s public offering is ‘very encouraging,’ especially at this time when the government is preparing the economy to recover from the pandemic,” External link

tribuneonline Thursday, September 17, 2020 4:10:00 AM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management,” External link

tribuneonline Tuesday, September 15, 2020 8:28:00 PM EAT

Carlos Dominguez explains : “no matter how much money countries pump into their economies, their GDP would have shrunk massively, anyway. It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy. This is because the problem is not a systemic contraction or a cyclical bust. Simply, necessary mobility restrictions hamper aggregate demand” External link

manilastandardtoday Tuesday, September 15, 2020 8:07:00 PM EAT

Carlos Dominguez says : “the decisive (lockdown) helped us avert an estimated 1.3 to 3.5 million infections according to researchers from our universities. The lockdown enabled us to reinforce our health system and build up our capacity to do widespread testing in our communities. From just around 1,282 actual PCR tests per day conducted in the last week of March, our capacity has grown to about 32,000 average daily tests this (August)” External link

manilastandardtoday Tuesday, September 15, 2020 8:07:00 PM EAT

Carlos Dominguez said : “The ongoing pandemic underscores the need to further improve our policy and institutional framework for disaster risk reduction and management. It likewise emphasizes the need to build our financial resilience against disasters and similar emergencies. The ability to mobilize financial resources without delay is essential to emergency preparedness.,” External link

manilastandardtoday Tuesday, September 15, 2020 4:28:00 PM EAT

Carlos Dominguez said : “Of course, we hope we will never need to quickly disburse from this loan package. But its availability assures us that we will have ample ammunition to support our budgetary needs in the event a crisis happens. This facility is an important element of our overall resilience,” External link

pna Tuesday, September 15, 2020 2:04:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned and we have also been spending a lot of money on our Covid response,” External link

manilatimes Monday, September 14, 2020 6:15:00 PM EAT

Carlos Dominguez said : “So, I’d like to assure the entire Filipino people that we have the capacity to borrow. We are borrowing at very low rates and we have the capacity to pay these loans in the future,” External link

manilatimes Monday, September 14, 2020 6:15:00 PM EAT

Carlos Dominguez said : “Mindanao is at the front and center of the Build, Build, Build infrastructure program” External link

manilatimes Friday, September 11, 2020 5:48:00 PM EAT

Carlos Dominguez said : “The usual travel time between the said points of 1 hour and 44 minutes via Maharlika Highway [would] be reduced to 49 minutes only,” External link

manilatimes Friday, September 11, 2020 5:48:00 PM EAT

Carlos Dominguez said : “If we exceed the fiscal deficit of around the middle of our neighbors and peers, we are going to prejudice our ability to raise funds in the future… We are also very cautious that whatever we borrow will be paid by future generations,” “So we have to be very, very cautious and very conservative in the amount of debt burden that we have because if the debt burden is too high, it will hurt our ability to grow our economy,” External link

tribuneonline Thursday, September 10, 2020 11:36:00 PM EAT

Carlos Dominguez said : “If we exceed the fiscal deficit of around the middle of our neighbors and peers, we are going to prejudice our ability to raise funds in the future… We are also very cautious that whatever we borrow will be paid by future generations,” “So we have to be very, very cautious and very conservative in the amount of debt burden that we have because if the debt burden is too high, it will hurt our ability to grow our economy,” External link

tribuneonline Thursday, September 10, 2020 10:53:00 PM EAT

Carlos Dominguez said : "This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful," "We should not delay providing urgent and necessary relief to our people," External link

abs-cbnnews Wednesday, September 9, 2020 4:19:00 PM EAT

Carlos Dominguez said : “Initiatives such as the digital PERA is the least this government can do for the heroic Filipinos working overseas and helping support our economy,” External link

abs-cbnnews Tuesday, September 8, 2020 8:04:00 AM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Sunday, September 6, 2020 7:07:00 PM EAT

Carlos Dominguez pointed out : “How a country’s economy performs during COVID-19 and how quickly it can bounce back once the crisis is over will depend on its economic resilience,” “This is why we have been consistent with our approach: we will do what is necessary, but we will not be wasteful,” External link

tribuneonline Sunday, September 6, 2020 7:07:00 PM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Sunday, September 6, 2020 3:08:00 PM EAT

Carlos Dominguez said : "The effects of this pandemic would have been much worse had it caught us in a weak fiscal position. Fortunately, when it hit us, we had sufficient means to fight the battle and ramp up public spending," External link

xinhuanet_en Sunday, September 6, 2020 11:30:00 AM EAT

Carlos Dominguez said ( about GUIDE ) : “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

pna Sunday, September 6, 2020 10:11:00 AM EAT

Carlos Dominguez noted : “CREATE will provide an outright 5 percentage point reduction in the corporate income tax rate, from 30 to 25 percent, as soon as it is made effective. This will help businesses continue operations and retain jobs. CREATE will also enhance the flexibility of our incentives system so that we can aggressively go after investments that will greatly benefit the Filipino people,” External link

tribuneonline Friday, September 4, 2020 10:25:00 PM EAT

Carlos Dominguez stated ( about GUIDE ) : “We will fully recover from this crisis once a safe and effective vaccine becomes available, on the strength of our enduring macroeconomic fundamentals. The swift enactment of CREATE, FIST, GUIDE, and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” External link

tribuneonline Friday, September 4, 2020 10:25:00 PM EAT

Carlos Dominguez said : “This time, we are acting swiftly and proactively while our banks’ asset quality is still relatively solid. Financial institutions also need time to learn how to use these instruments. Your Honors, now is the time to act. Fireproofing, after all, is best done before the fire,” External link

pna Wednesday, September 2, 2020 11:49:00 AM EAT

Carlos Dominguez said : “Enacting FIST will fortify the financial sector and keep it strong and stable for the difficult task of rebuilding our economy,” External link

abs-cbnnews Wednesday, September 2, 2020 10:46:00 AM EAT

Carlos Dominguez said : “Our inflation rate is relatively mild. And I think people have confidence in the Philippines, in the currency,” External link

abs-cbnnews Tuesday, September 1, 2020 11:43:00 AM EAT

Carlos Dominguez said : "This is actually larger than our total foreign debt," External link

abs-cbnnews Tuesday, September 1, 2020 11:43:00 AM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad — at relatively lower cost,” External link

tribuneonline Saturday, August 29, 2020 10:17:00 PM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Saturday, August 29, 2020 10:17:00 PM EAT

Carlos Dominguez says : “We think all subsidy programs in the future should be digitized. Ito po mahirap pong gumawa ng kalokohan dito kung by computer, talagang walang cash na hina-handle, nobody can keep the cash,” External link

tribuneonline Friday, August 28, 2020 8:44:00 PM EAT

Carlos Dominguez said : "We think all subsidy programs in the future should be digitized, in other words through digitalization of all transactions," "Mahirap gumawa ng kalokohan dito kung by computer, walang cash na hinahandle, nobody can keep the cash...As little cash as possible, so walang mangungupit, walang mawawala," External link

abs-cbnnews Tuesday, August 25, 2020 5:58:00 AM EAT

Carlos Dominguez said : “The CMDC is studying higher levels of funding for the pension and retirement pay system. This is to reduce fiscal risk in the system as the country ages over the long term and also as an ancillary measure to make pensions more portable,” External link

tribuneonline Sunday, August 23, 2020 10:21:00 PM EAT

Carlos Dominguez said : “A mandatory partial or full funding of pension obligation would address concerns on insufficient funding upon retirement of employees as the investment will generate returns to cover the required growth in the fund over time,” “Such pension investments will boost the demand side of the capital markets as well,” External link

tribuneonline Sunday, August 23, 2020 10:21:00 PM EAT

Carlos Dominguez said : “We have seen much heroism from all sectors during the five months that the nation has been battling the Covid-19 pandemic. While our medical workers braved the frontlines to save lives and treat the infected, you, our entrepreneurs, worked day and night to shore up businesses and help your employees survive,” “You have ensured continued access to basic goods and services. The country is grateful for your efforts” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “It appears that no matter how much money countries pump into their economies, their GDP would have shrunk massively, anyway. It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” “This is because the problem is not a systemic contraction or a cyclical bust. Simply, necessary mobility restrictions hamper aggregate demand,” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “When the pandemic finally recedes, we expect our economy to resurge. I am hopeful that the business community of Northern Luzon will continue to partner with us at the frontlines of our economic revival,” External link

pna Saturday, August 22, 2020 11:50:00 AM EAT

Carlos Dominguez said : “The Duterte administration will not rest until we have prevailed over this extraordinary challenge,” External link

tribuneonline Friday, August 21, 2020 10:17:00 PM EAT

Carlos Dominguez said : “We cannot fight a pandemic with a weak economy, nor can we restore economic vigor without solving the public health crisis. We need a healthy people and a strong economy,” External link

manilatimes Friday, August 21, 2020 6:20:00 PM EAT

Carlos Dominguez said : “The government continues to balance the reopening of the economy and efforts to restore consumer and business confidence with health and safety interventions so it can continue to protect lives in ways that do not prevent people from earning a living,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “We will redouble our efforts to protect our economic gains over the past three years, prepare our economy for a strong recovery, strengthen our resilience, and solidify our return to the path of inclusive growth. I trust that you will continue to support us in these efforts,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “If we can pass these critical reforms on time, we can help businesses in need sooner, and further improve the post-COVID-19 business climate. These critical reforms recognize the crucial role of a durable banking sector in ensuring that the rebuilding of the rest of the economy can be financed adequately,” External link

manilastandardtoday Friday, August 21, 2020 4:10:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 11:27:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

bloomberg Thursday, August 20, 2020 10:10:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 9:59:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 8:58:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 7:24:00 PM EAT

Carlos Dominguez said : “It is not the sheer size of the stimulus package that matters now but also whether it is actually saving the productive parts of the economy,” External link

news-yahoo Thursday, August 20, 2020 6:23:00 PM EAT

Carlos Dominguez said : “We thank Tokyo and JICA for the release in record time of this emergency support loan for the Duterte administration’s COVID response that has made the Philippines the first recipient of Japan’s assistance program for economies battered by the coronavirus-induced global health and economic crisis,” External link

manilastandardtoday Tuesday, August 18, 2020 4:30:00 PM EAT

Carlos Dominguez said : “The overwhelming market response to our offer of Progreso bonds underlines the strong investor appreciation of the country’s exceptional credit profile under the Duterte presidency along with broad support for government efforts to save lives and steer the economy to recovery in the face of the global health emergency,” External link

tribuneonline Saturday, August 15, 2020 10:36:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors, some of which will be occupants of Ayala Land Inc. (ALI)’s REIT properties,” External link

tribuneonline Thursday, August 13, 2020 11:15:00 PM EAT

Carlos Dominguez explained : “A REIT public offering not only signals that there is strong confidence in existing real properties, but that the company sees new opportunities for expansion with the proceeds of the offering,” External link

tribuneonline Thursday, August 13, 2020 11:15:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “Ayala Land’s REIT offering is timely. It signals that our markets is ready to resume business after all the difficulties posed by the COVID-19 pandemic. This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of out industry sectors,” "It shares in the optimism that, notwithstanding the global economic downturn today, the Philippine economy has strong fundamentals to rise quickly from the devastation brought about by the global health emergency," External link

manilastandardtoday Thursday, August 13, 2020 3:32:00 PM EAT

Carlos Dominguez said ( about Ayala Land ) : “This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors, some of which will be occupants of Ayala Land Inc. (ALI)'s REIT properties,” External link

pna Thursday, August 13, 2020 10:50:00 AM EAT

Carlos Dominguez said : “A REIT public offering not only signals that there is strong confidence in existing real properties, but that the company sees new opportunities for expansion with the proceeds of the offering,” External link

pna Thursday, August 13, 2020 10:50:00 AM EAT

Carlos Dominguez said : "This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of many of our industry sectors," External link

abs-cbnnews Thursday, August 13, 2020 9:50:00 AM EAT

Carlos Dominguez said : “The economy actually is already beginning to recover. Our estimate is that we already hit the lowest parts of the recession which was in April and May. These were the lowest points,” External link

tribuneonline Wednesday, August 12, 2020 10:33:00 PM EAT

Carlos Dominguez added : “We have to continue these policies over the next years as we continue to struggle with this contagion,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “This number was arrived at to keep our fiscal deficit in a manageable zone,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “As we said, whatever stimulus package we have, it has to be affordable and it has to recognize the fact that this (corona) virus may not be defeated by the end of this year,” “So we have to keep, as they say, we have to keep our powder dry for next year as well” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “So if you add the two, you will probably end up with anywhere between P400 billion and P600 billion in economic activity,” External link

tribuneonline Sunday, August 9, 2020 11:49:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Sunday, August 9, 2020 9:58:00 PM EAT

Carlos Dominguez said : “So I’d like to assure the entire Filipino people that we have the capacity to borrow. We are borrowing at very low rates, and we have the capacity to pay these loans in the future,” External link

manilatimes Sunday, August 9, 2020 9:58:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” External link

thestandard-ph Sunday, August 9, 2020 9:33:00 PM EAT

Carlos Dominguez said : “We are not alone in our struggles, although the unique fiscal and macroeconomic strengths with which we entered 2020 will continue to provide us with solid footing as we confront our economic challenges,” “The economy is in good shape to mount a strong recovery soon enough, given the positive metrics such as benign inflation, a peso that is the strongest currency in Asia and a high-investment grade credit profile that has enabled us to borrow money here and abroad–at relatively lower cost,” External link

tribuneonline Sunday, August 9, 2020 10:50:00 AM EAT

Carlos Dominguez said : “Our recovery plan was in place when it was made, we had anticipated a large reduction in the GDP (gross domestic product) in the second quarter,” External link

tribuneonline Sunday, August 9, 2020 10:50:00 AM EAT

Carlos Dominguez said : “Our plan is to borrow around $60 billion a year for this year and next. The borrowing mix is maybe 75 to 25 percent in favor of local borrowings. We feel our credit rating has been maintained and not downgraded,” External link

tribuneonline Friday, August 7, 2020 7:33:00 PM EAT

Carlos Dominguez said : “It was not anticipated and it’s not in the budget,” “We will check if we can put it in the Bayanihan 2 law,” External link

thestandard-ph Thursday, August 6, 2020 10:59:00 PM EAT

Carlos Dominguez said : “The major tax gains last month were seen in both excise and value added taxes, [indicating that] consumer spending is starting to pick up,” External link

manilatimes Thursday, August 6, 2020 8:20:00 PM EAT

Carlos Dominguez explained : “This slower decline in the country’s trade performance signals [the] resumption of economic activities,” External link

manilatimes Thursday, August 6, 2020 8:20:00 PM EAT

Carlos Dominguez said : “Since October of last year, the DoF (Department of Finance) has been in meetings with PhilHealth and we have told them that the current state of their information system does not allow us to actually make secure projections on their fund life,” External link

tribuneonline Thursday, August 6, 2020 7:21:00 PM EAT

Carlos Dominguez explained : “As of now, I will take their word that probably by 2021, late 2021 or late 2022 they may run out of money. That is why we have in our budget for this year, I believe it is around P70 billion or P80 billion to subsidize PhilHealth,” “But again, in the long-term, we have to fix up the administration of PhilHealth to be able to get a good handle of what exactly their liabilities and fund life are,” External link

tribuneonline Thursday, August 6, 2020 7:21:00 PM EAT

Carlos Dominguez added : “We are doing our best to protect our economic gains and support our recovery. We will beat this pandemic and come out of it even stronger than ever,” External link

inquirer Thursday, August 6, 2020 2:03:00 PM EAT

Carlos Dominguez said : “The steady growth of our agriculture sector is crucial to achieving stable food prices for all Filipinos,” External link

tribuneonline Thursday, August 6, 2020 1:06:00 PM EAT

Carlos Dominguez said : “If one to two shots are needed, that is around 40 million doses and at around USD10 per dose, that is USD400 million or PHP20 billion,” External link

pna Wednesday, August 5, 2020 3:04:00 PM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

manilametro Tuesday, August 4, 2020 11:54:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

manilametro Tuesday, August 4, 2020 11:54:00 AM EAT

Carlos Dominguez said : “In the short run, the return to MECQ may negatively affect livelihoods, consumer demand and production. However, if the time is used to boost all our medical resources and to prevent further spread of the virus, then the MECQ will be positive for the long haul,” “The whole world is learning how to dance with this virus: two steps forward and one step back,” External link

manilatimes Tuesday, August 4, 2020 4:31:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

GulfDailyNews Monday, August 3, 2020 1:14:00 PM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

timesofoman Monday, August 3, 2020 11:23:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

timesofoman Monday, August 3, 2020 11:23:00 AM EAT

Carlos Dominguez said : "It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe," External link

xinhuanet_en Monday, August 3, 2020 7:30:00 AM EAT

Carlos Dominguez added : "This is a tough decision to make but we need to do this. Revving up the economy essentially means raising consumer and investor confidence, which requires some functional level of interaction among groups and individuals," External link

xinhuanet_en Monday, August 3, 2020 7:30:00 AM EAT

Carlos Dominguez said : “We have a financing plan for that. The Department of Health (DoH) estimates that we will need to vaccinate for free a minimum of 20 million people. I don’t know if it’s one vaccine or two shots. So we need 40 million doses; 40 million times $10 per dose is $400 million or roughly 20 billion pesos,” “We have a plan and we can execute it as soon as the DoH chooses which vaccine or vaccines they want. Certainly, by late this year, if it’s available, we can already buy it,” External link

arabnews Saturday, August 1, 2020 3:23:00 AM EAT

Carlos Dominguez told : “PITC will sell the vaccines to the DoH. The DoH will pay PITC over time from their future allocations from the national budget,” External link

manilastandardtoday Friday, July 31, 2020 11:00:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

khaleejtimes Friday, July 31, 2020 10:39:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

thepeninsulaqatar Friday, July 31, 2020 3:47:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available, I am sure we can fully open,” External link

arabnews Friday, July 31, 2020 3:26:00 PM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

news-yahoo Friday, July 31, 2020 1:49:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure can fully open,” External link

themalaymailonline Friday, July 31, 2020 12:42:00 PM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure can fully open,” External link

arabnews Friday, July 31, 2020 9:37:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure we can fully open," External link

news-yahoo Friday, July 31, 2020 9:11:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure can fully open," External link

aljazeera-en Friday, July 31, 2020 8:28:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure (we) can fully open," External link

channelnewsasia Friday, July 31, 2020 7:39:00 AM EAT

Carlos Dominguez said : “Once the vaccine is available I am sure we can fully open,” External link

thehimalayantimes Friday, July 31, 2020 7:23:00 AM EAT

Carlos Dominguez said : "May financing plano kami dyan. Ang estimate we will need to vaccinate for free for a minimum of 20 million people...The financing is available for this program," External link

abs-cbnnews Friday, July 31, 2020 6:20:00 AM EAT

Carlos Dominguez said : "Once the vaccine is available I am sure can fully open," External link

news-yahoo Friday, July 31, 2020 6:07:00 AM EAT

Carlos Dominguez said : “This reform will also send a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

manilatimes Wednesday, July 29, 2020 9:08:00 PM EAT

Carlos Dominguez said : “This financial assistance from the ADB for the LGRP will help LGUs close the digital divide in their respective localities as they pursue property valuation and tax reforms to generate more revenues, in step with President Duterte’s goal to modernize Philippine taxation and spell greater fiscal autonomy for our local governments,” External link

manilastandardtoday Sunday, July 26, 2020 2:45:00 PM EAT

Carlos Dominguez said : “The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance,” “It will support our economic recovery program by intensifying assistance to farmers and making agrarian reform beneficiaries more resilient to the economic and social impacts of the COVID-19 pandemic,” External link

manilastandardtoday Monday, July 20, 2020 4:43:00 PM EAT

Carlos Dominguez said : “We truly appreciate the World Bank’s funding support for this initiative designed to make CARP beneficiaries far more productive members of the farm sector, in step with President Duterte’s goal of boosting agricultural productivity and food security, especially at this time of the pandemic and achieving financial inclusion for all Filipinos,” External link

manilastandardtoday Monday, July 20, 2020 4:43:00 PM EAT

Carlos Dominguez said : “The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance,” External link

foreignaffairs-nz Monday, July 20, 2020 9:17:00 AM EAT

Carlos Dominguez said : “It will support our economic recovery program by intensifying assistance to farmers and making agrarian reform beneficiaries more resilient to the economic and social impacts of the COVID-19 pandemic,” External link

abs-cbnnews Monday, July 20, 2020 9:12:00 AM EAT

Carlos Dominguez said : "The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance," External link

xinhuanet_en Monday, July 20, 2020 7:09:00 AM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Sunday, July 19, 2020 9:25:00 PM EAT

Carlos Dominguez said : “This global health emergency has had a way of compounding deep-seated social problems. We can, however, defeat the pandemic and resolve historical disputes in one move with acts of solidarity and bridges of trust,” “These two programs will help demonstrate the power of cooperative action to make lives become better and bring humanity to a more hopeful place,” External link

abs-cbnnews Friday, July 17, 2020 12:06:00 PM EAT

Carlos Dominguez told : “I don’t know if it will deepen the recession. It probably will level it off but certainly it will not pull us up,” External link

pna Friday, July 17, 2020 9:02:00 AM EAT

Carlos Dominguez told : “I don’t know if it will deepen the recession, it probably will level it off, but certainly it will not pull us up,” External link

manilatimes Thursday, July 16, 2020 9:31:00 PM EAT

Carlos Dominguez said : "This project is so critical for the development of the tourism and the national trade of Northern and Central Luzon. It is important because it opens up the Central Luzon area to the international market and will help passengers gain access to international flights in and out," External link

manilametro Thursday, July 16, 2020 10:47:00 AM EAT

Carlos Dominguez said : "This project is so critical for the development of the tourism and the national trade of Northern and Central Luzon. It is important because it opens up the Central Luzon area to the international market and will help passengers gain access to international flights in and out," External link

irishsun Thursday, July 16, 2020 9:33:00 AM EAT

Carlos Dominguez said : “The Duterte administration has followed the policy of strengthening the capital bases and rationalizing the structures of all government-owned and controlled banks, namely Land Bank [of the Philippines], DBP [Development Bank of the Philippines], OFBank and UCPB, with the objective of improving their level of service and value for their stakeholders, the Filipino people,” External link

manilastandardtoday Friday, July 10, 2020 5:38:00 PM EAT

Carlos Dominguez said : “This latest move of PDIC of converting the capital notes it held to more permanent special preferred shares in UCPB is totally in line with the above objective,” External link

manilastandardtoday Friday, July 10, 2020 5:38:00 PM EAT

Carlos Dominguez said : “It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe,” External link

thestandard-ph Friday, July 10, 2020 4:41:00 PM EAT

Carlos Dominguez said : “Be assured that the Duterte administration will protect our economic gains, support our recovery, strengthen our resilience, and bring us back to the path of inclusive and shared prosperity. This crisis will not diminish our willingness to exercise decisive leadership,” “By working together, we will beat this pandemic and come out even stronger than ever,” External link

thestandard-ph Friday, July 10, 2020 4:41:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into agreement with the government which are very similar to the terms of agreement with Clark airport,” External link

manilastandardtoday Thursday, July 9, 2020 4:00:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into [an] agreement with the government [whose terms are] similar to the terms of the agreements between the project proponents of Clark [International] Airport and BCDA (Bases Conversion and Development Authority),” External link

manilatimes Thursday, July 9, 2020 3:47:00 AM EAT

Carlos Dominguez replied : “we’re not setting aside the NAIA Consortium. They are the one setting aside, not us” External link

manilatimes Thursday, July 9, 2020 3:47:00 AM EAT

Carlos Dominguez said : “It is vital that these regions reopen. The reality is that this virus will not go away until a vaccine is found. In the meantime, we must get back to work while staying safe,” External link

manilastandardtoday Wednesday, July 8, 2020 10:16:00 PM EAT

Carlos Dominguez said : “Debt is manageable and affordable to us,” External link

manilastandardtoday Wednesday, July 8, 2020 10:16:00 PM EAT

Carlos Dominguez said : “Because our economy has slowed down during the Covid crisis, we have not been able to collect taxes as we had planned… and we have also been spending a lot of money on our Covid response,” External link

manilatimes Wednesday, July 8, 2020 9:31:00 PM EAT

Carlos Dominguez said : “They are advances that we, or even our children and their children, will have to pay for in some way in the future. The Duterte administration’s policy is to be careful not to borrow beyond sustainable levels, lest we fall into a vicious cycle of accumulating unmanageable debt, which might drastically increase our financing costs, and plunge us deeper into debt,” External link

manilatimes Wednesday, July 8, 2020 8:39:00 PM EAT

Carlos Dominguez said : “These two other proponents are willing to get into agreement with the government which are very similar to the terms of agreement with Clark airport,” “We’re not worried about it. We believe these other two proponents step up to the plate here,” External link

manilastandardtoday Wednesday, July 8, 2020 4:53:00 PM EAT

Carlos Dominguez said : "government interventions such as the lockdown helped prevent as much as 1.3 to 3.5 million infections”. Recent weeks, meanwhile, have seen a soaring number of COVID-19 infections, with confirmed cases now over 47,000. As the pandemic persists, Budget Secretary Wendel Avisado assured the public that the country has enough funds to respond to the crisis. " External link

abs-cbnnews Wednesday, July 8, 2020 12:55:00 PM EAT

Carlos Dominguez said : "We have the capacity to borrow...and we have the capacity to pay these loans in the future," External link

4-traders Wednesday, July 8, 2020 11:57:00 AM EAT

Carlos Dominguez said : "Our economy has slowed down during the COVID crisis. We have not been able to collect taxes as we had planned, and we have been spending a lot of money on our COVID response," External link

4-traders Wednesday, July 8, 2020 11:57:00 AM EAT

Carlos Dominguez said : "We have 2 other proponents who are very willing to step into the shoes of the consortium...We are not worried about it. We believe these other two proponents are willing to step up to the plate here," External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : "I got a copy of the letter of the NAIA consortium saying the current economic situation is such that they are not confident they can finance the project, that they cannot together push through with it," External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : “We have not seen any direct result of a slowdown in investments because of the ABS-CBN issue,” External link

abs-cbnnews Wednesday, July 8, 2020 11:22:00 AM EAT

Carlos Dominguez said : "Debt is manageable and affordable to us," External link

abs-cbnnews Wednesday, July 8, 2020 9:50:00 AM EAT

Carlos Dominguez said : "While the people's health and safety remain a priority, we cannot keep on retreating from the virus at the cost of our livelihoods," External link

abs-cbnnews Wednesday, July 8, 2020 8:19:00 AM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Thursday, July 2, 2020 7:18:00 PM EAT

Carlos Dominguez said : “We also need to fund our economic recovery program. This will require us to bridge the wider budget gap with additional borrowings. This facility will help us cover our budget expenditures during this very challenging time,” External link

manilatimes Thursday, July 2, 2020 7:18:00 PM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Wednesday, July 1, 2020 9:15:00 PM EAT

Carlos Dominguez said : “We also need to fund our economic recovery program. This will require us to bridge the wider budget gap with additional borrowings. This facility will help us cover our budget expenditures during this very challenging time,” External link

manilatimes Wednesday, July 1, 2020 9:15:00 PM EAT

Carlos Dominguez said : “We are not looking at increasing taxes but bridging the drop in revenues by increasing our borrowings in the moment. We have enough reserves, we have enough borrowing capacity, so we are using that,” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : “Investments in government bonds…will help us cover our deficit brought about by the COVID-19 emergency and prepare our economy for recovery. Because of the fiscal discipline we have exercised over the past few years, the Philippine government found financial strength in the midst of a global health and now economic crisis,” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : “So we have to face the new reality. The reality today is that the virus is not going to go away. And we will have to live with it for a long period of time,” “You know, you put NCR, CALABARZON, that is where the economy is based. About 67 percent of our economy is based on that area. Those places should move more to the MGCQ as quickly as possible because people have to start working” External link

tribuneonline Wednesday, July 1, 2020 9:09:00 PM EAT

Carlos Dominguez said : "The reality today is that the virus is not going to go away and we will have to live with it for a very long time," External link

news-yahoo Wednesday, July 1, 2020 8:35:00 PM EAT

Carlos Dominguez said : “I am sure we shall soon prevail over this emergency. We will return to our growth path and recover our economic momentum. What will be unchanged is the deep friendship and cooperation between our two countries,” External link

manilastandardtoday Wednesday, July 1, 2020 3:46:00 PM EAT

Carlos Dominguez said : “Consistent with the demands of this time, and in line with our ‘fast and sure’ approach to development financing, the Philippines and Japan moved quickly in achieving this emergency support loan,” External link

manilatimes Wednesday, July 1, 2020 1:51:00 PM EAT

Carlos Dominguez said : “So we have to face the new reality. The reality today is that the virus is not going to go away. And we will have to live with it for a long period of time. So so far, that’s the story, Mr. President. And I really believe, we really should begin opening,” “You know, you put NCR, Calabarzon, that is where the economy is based. About 60 percent or 67 percent of our economy is based on that area. That should move more to the MGCQ as quickly as possible because people have to start working,” External link

manilatimes Wednesday, July 1, 2020 1:02:00 PM EAT

Carlos Dominguez said : “We should monitor it on a — maybe on a barangay level and if you know, the cases go up, just close it down. But do it on a place to place. And do it also on a company-to-company basis. So if the company has big spike [of coronavirus infections], close it down also,” External link

manilatimes Wednesday, July 1, 2020 1:02:00 PM EAT

Carlos Dominguez said : “The Philippine government is grateful to the AFD for co-financing with the ADB two programs [that support] President Duterte’s overriding goal of accelerating infrastructure development in order to spur high growth, attract investments, create jobs and achieve financial inclusion for all Filipinos,” “Such financial support from the country’s development partners like AFD for our priority programs is crucial at this time, when the Philippine government is embarking on its resources-intensive, four-pillar strategy to suppress the coronavirus outbreak and provide relief to our most affected sectors while restarting the stalled economy to a quick recovery from the global economic slump induced by the lethal virus,” External link

manilatimes Monday, June 29, 2020 9:26:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “The Philippine government is grateful to the Agence Francaise de Developpement for co-financing with the Asian Development Bank two programs supportive of President Rodrigo Duterte’s overriding goal of accelerating infrastructure development in order to spur high growth, attract investments, create jobs and achieve financial inclusion for all Filipinos,” External link

manilastandardtoday Monday, June 29, 2020 5:52:00 PM EAT

Carlos Dominguez replied : “We are conducting investigations of those allegations. It’s probably true,” External link

inquirer Thursday, June 25, 2020 2:26:00 AM EAT

Carlos Dominguez said : “Because of the TRAIN [Tax Reform for Acceleration and Inclusion] law, online businesses making no more than P250,000 in profit per year will be tax-exempt. The sellers selling less than P3 million a year will be exempted from VAT. The rules as they stand were legislated by Congress and are reasonable and fair,” External link

inquirer Thursday, June 25, 2020 2:26:00 AM EAT

Carlos Dominguez said : “When the government can access debt at least cost, so will our private enterprises in need of assistance. The ability to refinance at lower cost will help us recover more quickly and more sustainably,” External link

tribuneonline Thursday, June 25, 2020 12:12:00 AM EAT

Carlos Dominguez said : “Among these reforms is the taxation of the digital economy to generate more revenues, while establishing more clarity in what will be the inevitable future of the global economy,” “If this turns out to be a very long battle, we should have all the fiscal tools to outlast the enemy. Be assured that this crisis will neither diminish our capacity for good governance nor our willingness to exercise decisive leadership,” External link

tribuneonline Thursday, June 25, 2020 12:12:00 AM EAT

Carlos Dominguez said : “In the coming years, we will look back to this initiative as an important leap in the use of web-based and mobile apps in making the filing of returns and payment of taxes more efficient and convenient,” External link

manilatimes Monday, June 22, 2020 9:12:00 PM EAT

Carlos Dominguez said : “Once an international agreement is reached, we will immediately study and propose tax reforms to capture [the] income tax on cross-border digital transactions,” External link

manilatimes Sunday, June 21, 2020 9:14:00 PM EAT

Carlos Dominguez said : “The premyo bond has not only exceeded expectations in terms of subscription but, more importantly, in promoting financial inclusion. The premyo bonds have encouraged thousands of new small investors to participate in this underdeveloped market,” External link

manilatimes Friday, June 19, 2020 10:06:00 PM EAT

Carlos Dominguez said : “We thank the ADB for again extending its support to our sustained efforts to mitigate the impact of the COVID-19 pandemic on our economy and our people. This budget-support loan will not only help bridge our funding gap for our COVID-19 response but will also strengthen our social protection program as we restart our economy and help people get back on their feet amid the pandemic,” External link

manilastandardtoday Wednesday, June 17, 2020 4:16:00 PM EAT

Carlos Dominguez said : “Advanced Japanese know-how and technology will be adopted for the construction of the bypass road and tunnel. Construction will start this year and will be operational by 2023,” External link

manilatimes Tuesday, June 16, 2020 9:36:00 PM EAT

Carlos Dominguez said : “Given the challenging circumstances, these projects bring more support to our economic recovery well beyond their nominal value,” External link

manilastandardtoday Tuesday, June 16, 2020 6:37:00 PM EAT

Carlos Dominguez said : “This initial public offering signals trust in our good economic prospects. It shares in the optimism that, notwithstanding the global downturn engulfing us today, the Philippine economy has the fundamentals to rise quickly from the devastation wrought by the pandemic,” External link

manilatimes Monday, June 15, 2020 7:35:00 PM EAT

Carlos Dominguez noted : “In addition, MerryMart will contribute to further enhance our logistics system by bringing goods from the producers to the consumers at the least cost,” External link

manilatimes Monday, June 15, 2020 7:35:00 PM EAT

Carlos Dominguez said : “This initial public offering signals trust in our good economic prospects. It shares in the optimism that, notwithstanding the global downturn engulfing us today, the Philippine economy has the fundamentals to rise quickly from the devastation wrought by the pandemic,” External link

pna Monday, June 15, 2020 10:11:00 AM EAT

Carlos Dominguez says : “It looks like our fiscal deficit is going to be around 8.1 percent of GDP,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “do not qualify as additional revenues or savings. So we cannot use borrowing as support for that,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “The Constitution says we cannot have a supplemental budget that is not supported by additional revenues or savings. Right now we have no savings, because we have used them all up. And we have no additional sources of revenues on the horizon,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez says : “That is a political question. I mean, how will it look to the ordinary people, when you’re saying, oh, we promise you so much, knowing that is not fiscally sustainable? I mean, is that the responsible political message you’re sending? I’m not sure,” External link

tribuneonline Friday, June 12, 2020 11:29:00 PM EAT

Carlos Dominguez said : “On behalf of the Philippine government, we thank the AIIB and President Jin Liqun for committing with the ADB to support the CARES program, which will go a long way in helping our people get back on their feet, and our economy recover and emerge stronger after the crisis,” External link

tribuneonline Tuesday, June 9, 2020 8:34:00 PM EAT

Carlos Dominguez said ( about Jin Liqun ) : “The loan package from the AIIB will help augment our funding requirements necessary to mitigate the severe negative impact of COVID-19 on our people and our economy. On behalf of the Philippine government, we thank the AIIB and president Jin Liqun for committing with the ADB to support the CARES program, which will go a long way in helping our people get back on their feet, and our economy recover and emerge stronger after the crisis,” External link

manilastandardtoday Tuesday, June 9, 2020 4:20:00 PM EAT

Carlos Dominguez said : "The loan package from the AIIB will help augment our funding requirements necessary to mitigate the severe negative impact of COVID-19 on our people and our economy," External link

xinhuanet_en Tuesday, June 9, 2020 8:30:00 AM EAT

Carlos Dominguez said : “Even with a strong and resilient economy, our funds are not limitless. What we constantly underscore with various stakeholders, including the Congress, is the need to have a realistic economic recovery program that is fiscally sustainable because we do not know how long this pandemic will last. Support from the government must be targeted and focused on efforts that will yield the highest multiplier effect on the economy,” External link

tribuneonline Tuesday, June 9, 2020 12:44:00 AM EAT

Carlos Dominguez said ( about Philippine Constitution ) : “The Constitution specifically requires the certification of excess funds and new revenue sources to support the passage of any supplemental budget. In running a business or a company, we know that borrowings or loans are not revenues. We appreciate the wisdom behind the Constitutional provision for in the absence of additional revenues or income, we jeopardize our fiscal sustainability,” External link

tribuneonline Tuesday, June 9, 2020 12:44:00 AM EAT

Carlos Dominguez said : “In running a business or a company, we know that borrowings or loans are not revenues. We appreciate the wisdom behind the Constitutional provision for in the absence of additional revenues or income, we jeopardize our fiscal sustainability,” External link

manilatimes Monday, June 8, 2020 10:05:00 PM EAT

Carlos Dominguez said ( about Benjamin Diokno ) : “The unemployment figures, I believe are temporary and they are not surprising. As (central bank) Governor (Benjamin) Diokno says, this is not due to any other reason other than the lockdown,” External link

tribuneonline Monday, June 8, 2020 8:55:00 PM EAT

Carlos Dominguez said : “Even with a strong and resilient economy, our funds are not limitless. What we constantly underscore with various stakeholders, including the Congress, is the need to have a realistic economic recovery program that is fiscally sustainable because we do not know how long this pandemic will last. Support from the government must be targeted and focused on efforts that will yield the highest multiplier effect on the economy,” External link

manilastandardtoday Monday, June 8, 2020 5:00:00 PM EAT

Carlos Dominguez said : “We again thank the ADB for its continued strong support to the Philippines as it grapples with the coronavirus scourge, this time by extending financial assistance to strengthen domestic capital markets as the country clears the path to a quick recovery from the havoc wrought on the global economy by this lethal virus,” External link

manilastandardtoday Friday, June 5, 2020 4:13:00 PM EAT

Carlos Dominguez said : “This is the third loan accord that we have signed with the World Bank that is designed to assist us in swiftly responding to the challenges brought about by the COVID-19 emergency. The World Bank has always been our reliable partner in strengthening our country’s economic resilience,” “We once again thank the World Bank for its prompt action on this financial support package that will help us to promptly provide relief to poor and low-income households and employees of MSMEs who lack the means to fend for themselves during the lockdowns implemented nationwide to contain the spread of COVID-19,” External link

manilastandardtoday Thursday, June 4, 2020 5:46:00 PM EAT

Carlos Dominguez said : “the change is in view of World Bank’s advice to specifically come up with a new development policy loan on the country’s COVID-19 response instead of a supplemental financing package for the Promoting Competitiveness and Enhancing Resilience to Natural Disasters project” External link

manilastandardtoday Thursday, June 4, 2020 5:46:00 PM EAT

Carlos Dominguez said : “This is the third loan accord that we have signed with the World Bank that is designed to assist us in swiftly responding to the challenges brought about by the Covid-19 emergency. The World Bank has always been our reliable partner in strengthening our country’s economic resilience,” External link

pna Thursday, June 4, 2020 12:32:00 PM EAT

Carlos Dominguez said : “We are aware that several tax administrations have started to impose digital services tax even when countries have yet to agree on how to reallocate income taxation rights on cross-border digital transactions,” “We are constantly monitoring developments on this matter. Once an international agreement is reached, we will immediately study and propose tax reforms to capture income tax on cross-border digital transactions,” External link

tribuneonline Wednesday, June 3, 2020 10:54:00 PM EAT

Carlos Dominguez explained : “Salceda’s bill deals with how we might capture digital purchases into the VAT base and how to absorb profits generated by digital companies into our corporate income tax system,” “We are studying how best these goals can be achieved, considering the transnational nature of most of these transactions… We are studying how the bill will fit in our tax administration system and which enhancements in our revenue regulations would be necessary should the bill pass into law,” External link

tribuneonline Wednesday, June 3, 2020 10:54:00 PM EAT

Carlos Dominguez said : “We are aware that several tax administrations have started to impose [a] digital services tax, even when countries [are] yet to agree on how to reallocate income taxation rights on cross-border digital transactions. We are constantly monitoring developments on this matter,” External link

manilatimes Wednesday, June 3, 2020 8:46:00 PM EAT

Carlos Dominguez said : “The affirmation of the BBB+ rating with a stable outlook is an unequivocal recognition by the S&P of the resilience of the economy to regain its growth trajectory in the new normal,” “We are confident that to our govenrment’s four-pillar strategy to deal with the pandemic will see us through this global health emergency as we remain focused on saving lives and protecting communities while gradually lifting mobility restrictions to restart the economy and get people back to work,” External link

tribuneonline Sunday, May 31, 2020 3:52:00 PM EAT

Carlos Dominguez said : "The economy can no longer bear any delay in this reform. Now is the best time to do it," External link

abs-cbnnews Friday, May 29, 2020 8:31:00 PM EAT

Carlos Dominguez said : “At this point, every session hour counts, and we thank the Congress for working hard on this historic reform,” External link

manilatimes Thursday, May 28, 2020 7:47:00 AM EAT

Carlos Dominguez added : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the Covid-19 pandemic,” External link

manilatimes Tuesday, May 26, 2020 11:42:00 AM EAT

Carlos Dominguez said : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to nation-building as we work together to get the economy back on its feet in the face of the COVID-19 pandemic,” External link

tribuneonline Monday, May 25, 2020 11:37:00 PM EAT

Carlos Dominguez said : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the COVID-19 pandemic,” External link

abs-cbnnews Monday, May 25, 2020 10:00:00 AM EAT

Carlos Dominguez added : “We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the Covid-19 pandemic,” External link

pna Monday, May 25, 2020 9:13:00 AM EAT

Carlos Dominguez said : “It is heartening to note that this is the second international ranking published within the past several weeks in which the Philippines has placed within the top 10 percent of selected countries,” External link

tribuneonline Sunday, May 24, 2020 11:22:00 PM EAT

Carlos Dominguez said : “We will seek to continuously improve our performance in all these areas, including control of corruption, taxes and quality of life, while staying the course with our conservative debt and fiscal management and with a steady focus on human capital and infrastructure development,” External link

tribuneonline Sunday, May 24, 2020 11:22:00 PM EAT

Carlos Dominguez told : “Ultimately, having a clear and efficient tax regime for the digital economy will be critical, as more and more taxable transactions shift from traditional means of doing business to more virtual avenues, a trend accelerated by Covid-19,” External link

manilatimes Sunday, May 24, 2020 8:17:00 PM EAT

Carlos Dominguez said : “What we should be doing is identifying these industries and then going to each of the companieseach of the leading companies in those industries around the worldand asking them: what do you need for you to come to the Philippines? Instead of waiting for them to apply, we should be going to them and offering them a package,” External link

manilastandardtoday Sunday, May 24, 2020 5:03:00 PM EAT

Carlos Dominguez said ( about Joey Salceda ) : "Ultimately, having a clear and efficient tax regime for the digital economy will be critical, as more and more taxable transactions shift from traditional means of doing business to more virtual avenues, a trend accelerated by COVID-19," "We are studying the bill of Ways and Means Chair Salceda very carefully and looking into what parts of the digital economy should be taxed," External link

abs-cbnnews Friday, May 22, 2020 2:09:00 PM EAT

Carlos Dominguez said : “Create is one of the largest economic stimulus measures in the country’s history, given that the measure would free up almost P42 billion in business capital for 2020 alone—and P625 billion over the succeeding five years,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “This recalibrated [tax] package two is clearly not an effort to raise taxes as this will be decisively revenue-negative, leaving more resources in the hands of business owners to fund operations and retain employees,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez added : “On top of the outright 5-percent tax cut in 2020, the Create bill also provides for a 1-percentage point reduction in the corporate income tax each year until 2027, so that the rate will only be 20 percent by that time,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

inquirer Friday, May 22, 2020 12:44:00 AM EAT

Carlos Dominguez said : “We have started the study in improving our tax collections on video streaming (and) commerce conducted through the internet. Right now, we don’t have a picture of the total amount of transactions,” External link

tribuneonline Thursday, May 21, 2020 11:23:00 PM EAT

Carlos Dominguez said : “The bank has helped us build critical infrastructure to support our economic growth,” “We are extremely grateful for this partnership,” External link

tribuneonline Thursday, May 21, 2020 11:23:00 PM EAT

Carlos Dominguez said : “The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premier investment destination for companies that are looking to diversify their supply chains,” External link

pna Thursday, May 21, 2020 1:46:00 PM EAT

Carlos Dominguez told : "I was the Secretary of Agriculture who cleaned up the mess that was left by Masagana 99. There were about 800 rural banks that were bankrupted by that program and we had to rescue them," External link

abs-cbnnews Wednesday, May 20, 2020 1:12:00 PM EAT

Carlos Dominguez said : "Whether it was a total success or not, it has to be measured against that," External link

abs-cbnnews Wednesday, May 20, 2020 1:12:00 PM EAT

Carlos Dominguez said : “Yes, we have started the study on improving our tax collections on video streaming, on commerce conducted through the internet,” External link

abs-cbnnews Wednesday, May 20, 2020 11:23:00 AM EAT

Carlos Dominguez said : “To sustain the efforts of the private sector to recover from the present crisis, we also proposed that the corporate income tax be reduced further by one percentage point per year starting 2023 until it reaches 20 percent in 2027,” External link

manilatimes Tuesday, May 19, 2020 11:36:00 PM EAT

Carlos Dominguez added : “Clearly, this is not an effort to raise taxes as the taxes will be decisively revenue negative. The large and immediate rate cut in the second half of 2020 also sends a strong signal to the world that the Philippines is positioning itself as a premiere investment destination for companies that are looking to diversify their supply chain,” External link

manilatimes Tuesday, May 19, 2020 11:36:00 PM EAT

Carlos Dominguez said : “For pillar 2, we have marshalled resources to fight Covid-19 to support our frontline healthcare workers and increase the testing, tracing and treatment capacity of our health system,” External link

manilatimes Tuesday, May 19, 2020 10:03:00 PM EAT

Carlos Dominguez added ( about Bangko Sentral ) : “The third pillar consists of a bold fiscal and monetary actions to finance emergency initiatives and keep the economy afloat. (It) includes standby financing for our economic recovery plan and a P233-billion liquidity infusion into the economy from the timely, anticipatory responses of the Bangko Sentral ng Pilipinas,” External link

manilatimes Tuesday, May 19, 2020 10:03:00 PM EAT

Carlos Dominguez told : “This will be one of the largest economic stimulus measures in the country’s history,” External link

abs-cbnnews Tuesday, May 19, 2020 3:15:00 PM EAT

Carlos Dominguez told : “to get business back on their feet and sustain and create jobs,” External link

abs-cbnnews Tuesday, May 19, 2020 1:27:00 PM EAT

Carlos Dominguez said : "We are borrowing a lot of money. We have tapped our multilateral agencies," External link

abs-cbnnews Tuesday, May 19, 2020 11:44:00 AM EAT

Carlos Dominguez said : "this will generate jobs and it has a multiplier effect," External link

abs-cbnnews Tuesday, May 19, 2020 11:44:00 AM EAT

Carlos Dominguez remarked : “The success of this bond float despite the Covid-induced volatility is also reflective of the global recognition of, and support for, the Duterte administration’s four-pillar strategy to mitigate the impact of the global health crisis” External link

manilatimes Monday, May 18, 2020 9:37:00 PM EAT

Carlos Dominguez said : “I would rather think that if you really want to attract companies that you really want, we have to first identify what are the industries that we want to bring in…instead od waiting for them to come and apply, we have to ask them what they need for them to invest (in us),” “We should be able to tailor fit to the needs of the companies that we want to bring them here rather than making a one size fits all incentives package for (everybody),” External link

tribuneonline Thursday, May 14, 2020 10:12:00 PM EAT

Carlos Dominguez added : “P50 billion will be divided, roughly 70:30, between LandBank and DBP in that proportion, and another P20 billion to Philguarantee,” External link

manilatimes Thursday, May 14, 2020 9:26:00 PM EAT

Carlos Dominguez said : “We should also hire contact tracers en masse to boost our efforts to stop transmission and defeat Covid-19 while providing jobs,” “I think we can provide good jobs to people,” External link

gulf-times Wednesday, May 13, 2020 11:33:00 PM EAT

Carlos Dominguez said : “The bill has been with the Senate for a few months. We would like to ask for your support so that Congress can pass this before June 3,” External link

gulf-times Wednesday, May 13, 2020 11:33:00 PM EAT

Carlos Dominguez said : “Enacting the CITIRA will attract foreign investors who want to relocate from other countries and are in search of resilient, high-growth-potential economies like the Philippines,” External link

tribuneonline Tuesday, May 12, 2020 10:51:00 PM EAT

Carlos Dominguez said : “We need to do many things to revive the economy,” External link

tribuneonline Tuesday, May 12, 2020 7:29:00 PM EAT

Carlos Dominguez said : “After we are confident that we are in control of the death rate and infections, we should restart and accelerate ‘Build, Build, Build’ subject to minimum health standards,” “Our real problem is that the people are not buying things because their incomes have gone down. We must provide them the means of buying things” External link

tribuneonline Tuesday, May 12, 2020 7:29:00 PM EAT

Carlos Dominguez said : "Our real problem is that the people are not buying things because their incomes have gone down. We must provide them the means of buying things," "If they're not buying things, it's useless to stimulate the companies," External link

abs-cbnnews Tuesday, May 12, 2020 12:26:00 PM EAT

Carlos Dominguez said : “After we are confident that we are in control of the death rate and infections, we should restart and accelerate the Build Build Build program subject to minimum health standards,” “The infrastructure remains to be the best driver of economic growth because it has the best multiplier effects in terms of employment and shared prosperity,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “We should also hire contact tracers en masse to boost our efforts to stop transmission and defeat Covid-19 while providing jobs,” “If we hire these guys to do contact tracing, which we are having a very hard time right? Doing the contact tracing. I think we can provide good jobs to people,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “The bill has been with the Senate for a few months. We would like to ask for your support so that Congress can pass this before June 3,” External link

manilatimes Tuesday, May 12, 2020 7:00:00 AM EAT

Carlos Dominguez said : “The SSS has partnered with the Development Bank of the Philippines to automate the payout of the subsidy, which has allowed the distribution to scale up in a short span of time,” External link

manilatimes Sunday, May 10, 2020 8:20:00 PM EAT

Carlos Dominguez told : “In order for POGO service providers to be allowed to operate, they must pay their 2019 income tax liabilities or, in the case of POGO franchisees, the franchise tax of 2019,” External link

manilatimes Saturday, May 9, 2020 9:25:00 PM EAT

Carlos Dominguez said : “must also execute an undertaking to pay the BIR all their arrears,” “Once these are complied with, the BIR will issue a tax clearance to enable them to operate” External link

manilatimes Saturday, May 9, 2020 9:25:00 PM EAT

Carlos Dominguez told : “In order for POGO service providers to be allowed to operate, they must pay their 2019 income tax liabilities, or in the case of POGO franchisees, the franchise tax of 2019,” External link

tribuneonline Friday, May 8, 2020 8:16:00 PM EAT

Carlos Dominguez said : “both service providers and licensees must also remit to the BIR (Bureau of Internal Revenue) all current 2020 withholding tax liabilities” External link

pna Friday, May 8, 2020 2:44:00 PM EAT

Carlos Dominguez told ( about Philippine Amusement ) : “In order for POGO (Philippine offshore gaming operators) service providers to be allowed to operate, they must pay their 2019 income tax liabilities, or in the case of POGO franchisees, the franchise tax of 2019,” External link

manilatimes Friday, May 8, 2020 2:10:00 PM EAT

Carlos Dominguez said : “It continued the same (downward) trend but you have to remember, that is not lost. That is only postponed. If you remember, taxes due on 15 April, was postponed to a further date, those taxes are for income earned last year,” External link

tribuneonline Wednesday, May 6, 2020 11:17:00 PM EAT

Carlos Dominguez said : “The reason we’re being careful with that is because we don’t want a relapse. Because the relapse could be worse and we’ve seen it in other countries who relaxed a bit too early. I mean, their lockdown is even harder now,” External link

tribuneonline Wednesday, May 6, 2020 10:14:00 PM EAT

Carlos Dominguez said : “The worst of times brings out the best in men. Beyond the call of duty, our police officers and our non-uniformed PNP personnel volunteered to donate a portion of their pay to help fund the government’s efforts against the contagion,” External link

tribuneonline Wednesday, May 6, 2020 10:14:00 PM EAT

Carlos Dominguez said : “Classification [as BPOs] does not exempt [them from taxes],” “There must be [an] express provision [in the] law [that would grant] incentives” External link

manilatimes Wednesday, May 6, 2020 12:17:00 AM EAT

Carlos Dominguez added : “The laws passed by the legislature allow it. If you don’t want to allow it, pass a law. It’s as easy as that,” External link

tribuneonline Monday, May 4, 2020 7:54:00 PM EAT

Carlos Dominguez said : “This assessment shows that improving our revenue flows through our tax reform program, being judicious with expenditures and investments, and maintaining a well-balanced debt management strategy are serving the country well,” External link

manilastandardtoday Monday, May 4, 2020 5:48:00 PM EAT

Carlos Dominguez said : “I think we should look back and see what preparations the Congress allowed us to make, to come out of this Covid crisis, to prepare for it. And that was really the tax reform. I think this is a good example of why tax reform works,” External link

pna Monday, May 4, 2020 9:32:00 AM EAT

Carlos Dominguez said : “Right now, we have a bill passed by the House and it’s sitting idle in the Senate. It is a stimulus bill because it reduces taxes for everyone whether or not you were hit by the coronavirus,” External link

tribuneonline Sunday, May 3, 2020 9:06:00 PM EAT

Carlos Dominguez said : “This assessment show that improving our revenue flows through our tax reform program, being judicious with expenditures and investments and maintaining a well-balanced debt management strategy are serving the country well,” “It also suggests that the Philippines has the confidence of the international community, which will go a long way in helping us finance our COVID-19 (coronavirus disease) response measures,” External link

tribuneonline Saturday, May 2, 2020 10:35:00 PM EAT

Carlos Dominguez said : “This assessment shows that improving our revenue flows through our tax reform program, being judicious with expenditures and investments and maintaining a well-balanced debt management strategy are serving the country well,” “It also suggests that the Philippines has the confidence of the international community, which will go a long way in helping us finance our COVID-19 (coronavirus disease) response measures,” External link

tribuneonline Friday, May 1, 2020 4:32:00 PM EAT

Carlos Dominguez said : “We thank the ADB for its swift and continuing support to the Duterte administration’s efforts to blunt the impact of the worldwide coronavirus outbreak on our people and the economy,” External link

tribuneonline Thursday, April 30, 2020 10:30:00 PM EAT

Carlos Dominguez said : “The World Bank has again acted swiftly to help developing economies like the Philippines meet the ever-increasing demand for medical care and health facilities resulting from the coronavirus-induced global health crisis,” External link

manilastandardtoday Wednesday, April 29, 2020 6:11:00 PM EAT

Carlos Dominguez said : “We thank the World Bank once again for supporting our efforts to contain the spread of the virus and expand our capacity to prevent and prepare for emerging infectious diseases in the future,” External link

manilastandardtoday Wednesday, April 29, 2020 6:11:00 PM EAT

Carlos Dominguez said : “Such support from the investor community is a result of the continued strong macroeconomic fundamentals of the country brought about by the reform agenda of the Duterte administration,” “The success of this bond float despite the COVID-induced volatility is also reflective of the global recognition of, and support for, the Duterte administration’s four-pillar strategy to mitigate the impact of the global health crisis,” External link

manilastandardtoday Tuesday, April 28, 2020 4:58:00 PM EAT

Carlos Dominguez said : “We will propose to Congress an extended NOLCO of five years for net losses that will be incurred in 2020. This means that a small business’ losses this year may be deducted from their income for up to the next five years for tax purposes. The purpose of extending NOLCO is to give them more time to recoup their losses arising from the implementation of the enhanced community quarantine (ECQ) and other measures to contain the spread of Covid-19,” External link

pna Tuesday, April 28, 2020 4:50:00 AM EAT

Carlos Dominguez said : “Sin taxes are imposed to discourage the consumption of products that are detrimental to health. We don’t wish to exacerbate the current crisis,” External link

tribuneonline Monday, April 27, 2020 10:38:00 PM EAT

Carlos Dominguez said : “We will propose to Congress an extended NOLCO of five years for net losses that will be incurred in 2020. This means that a small business’ losses this year may be deducted from their income for up to the next five years for tax purposes. The purpose of extending NOLCO is to give them more time to recoup their losses arising from implementation of the enhanced community quarantine and other measures to contain the spread of COVID-19,” External link

manilastandardtoday Monday, April 27, 2020 5:23:00 PM EAT

Carlos Dominguez said : “The credit guarantee program will provide small businesses easier access to bank financing, which tends to contract during crisis periods,” External link

manilastandardtoday Monday, April 27, 2020 5:23:00 PM EAT

Carlos Dominguez said ( about Masatsugu Asakawa ) : “We thank the ADB under the leadership of President Masatsugu Asakawa for swiftly responding to the Philippines’ call for funding support in this time of crisis. We thank the bank as well for streamlining its operations to quickly deliver its assistance and for tripling the size of its response package from $6.5 billion to $20 billion to help developing member-countries combat COVID-19,” External link

manilastandardtoday Friday, April 24, 2020 5:19:00 PM EAT

Carlos Dominguez said : “So far, ang nagastos po natin is already, for this (Covid-19) is, na hindi natin plinano, ay PHP352.7 billion na (So far, we have already spent PHP352.7 billion for this Covid-19. This is unplanned),” External link

pna Friday, April 24, 2020 7:37:00 AM EAT

Carlos Dominguez said : "So far, sufficient ang cash natin, pero naiipit tayo sa budget allowance," External link

abs-cbnnews Friday, April 24, 2020 4:09:00 AM EAT

Carlos Dominguez said : “Definitely the fuel-marking program, as part of our tax reform, is having a positive effect on our revenues and, therefore, on our ability to withstand the ill effects of the contagion,” External link

manilatimes Wednesday, April 22, 2020 11:35:00 PM EAT

Carlos Dominguez said : “This has been briefly discussed and we said that perhaps one of the rules that will apply here is if they decide to open up the POGO perhaps the final approval should come from the Bureau of Internal Revenue,” External link

tribuneonline Wednesday, April 22, 2020 1:59:00 PM EAT

Carlos Dominguez said : “If the private schools provide a study now pay later program and get a promissory note from students… Landbank can lend money to the private school against that promissory note up to 70 percent of the value of that promissory note,” External link

tribuneonline Tuesday, April 21, 2020 5:16:00 PM EAT

Carlos Dominguez said : “We could probably go up to P1 billion very easily with that facility but they are studying it. And really this is aimed for people, especially OFW who are coming back and who decided to upgrade their skills and go back to school,” “So this program will be available soon to private schools” External link

tribuneonline Tuesday, April 21, 2020 5:16:00 PM EAT

Carlos Dominguez said : “This has been briefly discussed and we said that perhaps one of the rules that will apply here is if they decide to open up the POGO perhaps the final approval should come from the Bureau of Internal Revenue,” External link

tribuneonline Tuesday, April 21, 2020 4:34:00 PM EAT

Carlos Dominguez said : “We will make sure that there will be enough funds to support those decisions. But again, we are watching this very carefully, as most countries in the world are…and we’re moving conservatively,” External link

tribuneonline Tuesday, April 21, 2020 3:42:00 PM EAT

Carlos Dominguez said : “That’s under consideration because absence of cigarettes encourages illicit trade. But let me reiterate, it will depend on the result of the ongoing evaluation of the tradeoffs involved in maintaining the current lockdown or tightening or loosening it further,” External link

tribuneonline Monday, April 20, 2020 11:15:00 PM EAT

Carlos Dominguez asserted : “Our tax collections are definitely going to be a bit lower than our original target but as I said, these are the things that we can finance,” External link

tribuneonline Sunday, April 19, 2020 10:50:00 PM EAT

Carlos Dominguez said : “Our tax collections are definitely going to be a bit lower than our original target but as I said, these are things that we can finance,” External link

manilastandardtoday Sunday, April 19, 2020 5:09:00 PM EAT

Carlos Dominguez said : “Any recommendation should include a clear analysis of the trade-offs involved” External link

inquirer Saturday, April 18, 2020 6:47:00 PM EAT

Carlos Dominguez said : “the worst possible scenario, maybe at some point, we may sell some assets but at this point, that’s not yet necessary” “And frankly, I don’t think that it will be necessary I don’t believe that will ever happen,” External link

pna Friday, April 17, 2020 4:46:00 AM EAT

Carlos Dominguez told : “The operative word is ‘planned’. We will evaluate options when the conditionalities are available,” External link

tribuneonline Friday, April 17, 2020 12:52:00 AM EAT

Carlos Dominguez said : “Extension of the tax deadline means we have to finance expenditures more from borrowings than from revenues” External link

pna Thursday, April 16, 2020 4:52:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our health care system,” External link

manilastandardtoday Wednesday, April 15, 2020 10:48:00 PM EAT

Carlos Dominguez said ( about Cory Aquino ) : “We have built a 34-year track record, beginning with the Cory Aquino administration, of honoring our country’s obligations. Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers,” External link

manilastandardtoday Wednesday, April 15, 2020 10:48:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our health care system,” External link

thestandard-ph Wednesday, April 15, 2020 10:23:00 PM EAT

Carlos Dominguez said ( about Cory Aquino ) : “We have built a 34-year track record, beginning with the Cory Aquino administration, of honoring our country’s obligations. Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers,” External link

thestandard-ph Wednesday, April 15, 2020 10:23:00 PM EAT

Carlos Dominguez said : “We thank the World Bank for its swift action on this facility in support of disaster risk management, coming at this critical time when the Philippines, like most other countries worldwide, is struggling to cope with the devastating health, social and economic impacts of the coronavirus pandemic,” “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system,” External link

manilastandardtoday Wednesday, April 15, 2020 6:56:00 PM EAT

Carlos Dominguez said : “This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration’s overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system,” External link

tribuneonline Wednesday, April 15, 2020 12:40:00 PM EAT

Carlos Dominguez said : "This $500-million facility, which is just one of several financial assistance programs made available to the Philippines by the World Bank during this global health crisis, bolsters the Duterte administration's overall efforts to provide instant relief to the poor and other hardest-hit sectors, and strengthen our healthcare system," External link

abs-cbnnews Wednesday, April 15, 2020 9:09:00 AM EAT

Carlos Dominguez said : “They said that your decisiveness in, first, reducing the number of people coming into the Philippines in February and then in March followed up by the lockdown probably has saved 100,000 lives in the Philippines,” External link

elevenmyanmar Wednesday, April 15, 2020 8:27:00 AM EAT

Carlos Dominguez said : “Debt moratorium has not crossed our minds. It was never entertained or will ever be a part of our crisis response measures,” “The strongest pillar of the Philippines’ standing in the global economic community is that the country honors its financial obligations — and, for that reason, investor confidence in our economy is broad and deep,” External link

tribuneonline Tuesday, April 14, 2020 10:49:00 PM EAT

Carlos Dominguez said : “Honoring our word has allowed us to remain as one of the most attractive investment destinations and one of the world’s favorite bond issuers. Rather than take an option that will tank our long-term investment and borrowing prospects, we should burnish our reputation as a borrower and a business partner with integrity and palabra de honor (word of honor) because this ultimately benefits the Filipino people,” External link

manilatimes Tuesday, April 14, 2020 7:17:00 PM EAT

Carlos Dominguez added : “The strongest pillar of the Philippines’ standing in the global economic community is that the country honors its financial obligations and, for that reason, investor confidence in our economy is broad and deep," Dominguez said. He noted that even when the country's debt-to-GDP ratio hit as high as 78.3 percent in 1986, the Philippines still paid its debt. The Philippines’ total debt-to-GDP ratio stood at 44.2 percent in 2019, while the actual debt-to-GDP ratio, which excludes guarantees, was down to 41.5 percent that year, the finance chief said. Dominguez said a moratorium risked the country's reputation in the global financial market. "If we lose our credibility among international lenders, we will lose our ability to access low-interest, concessional financing for our recovery and stimulus programs". Sen. Imee Marcos, chair of the Senate committee on economic affairs, earlier said the government should consider suspending debt payments so it can fund the COVID-19 social amelioration program. It was during the dictatorial regime of Marcos' late strongman father Ferdinand Marcos that the country's external debt ballooned. Marcos said in a statement that the 2020 budget for interest payments amounts to P451 billion and principal amortization of P582 billion can be used instead for cash aid. Dominguez said Marcos' figures include debt servicing for loans from domestic creditors, including pensioners and small depositors. He said that around two-thirds of the country's debt is from local creditors. "Senior citizen pensioners, for instance, rely on their investments in government debt instruments for their income," Dominguez said. "Rather than take an option that will tank our long-term investment and borrowing prospects, we should burnish our reputation as a borrower and a business partner with integrity and palabra de honor because this ultimately benefits the Filipino people,” External link

abs-cbnnews Tuesday, April 14, 2020 3:30:00 PM EAT

Carlos Dominguez told : “The strategy now has a combined value of P1.45 trillion or 7.8 percent of GDP (gross domestic product),” External link

manilatimes Tuesday, April 14, 2020 2:27:00 PM EAT

Carlos Dominguez said : “We have actually planned until the end of May for financing. I’m not saying that we will extend it (ECQ) beyond 30 April, but our plan has been really to fund our requirements to beat this COVID-19 (coronavirus disease) from April and May,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez said : “We will make sure that there will be enough funds to support those decisions. But again, we are watching this very carefully, as most countries in the world are. We’re watching this very carefully and we’re moving very conservatively,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez said : “We will announce a program to assist the employees of MSME by tomorrow (Tuesday), as well as to assist the MSME with a loan guarantee program. This will be aimed at what some people call the middle class,” External link

tribuneonline Monday, April 13, 2020 9:02:00 PM EAT

Carlos Dominguez explained : “With a bigger deficit, this means we will be spending more than we will be collecting. But we are spending more in order to save the people and make sure that they have food on the table during this time,” External link

tribuneonline Sunday, April 12, 2020 6:26:00 PM EAT

Carlos Dominguez said : “We want to assure all our citizens that at this point we have the money although we have to realize that our funds are not endless. We need to spend it correctly and not on wasteful expenditures,” External link

tribuneonline Sunday, April 12, 2020 3:34:00 PM EAT

Carlos Dominguez said : “With a bigger deficit, this means we will be spending more than we will be collecting. But we are spending more in order to save the people and make sure that they have food on the table during this time,” External link

tribuneonline Sunday, April 12, 2020 3:34:00 PM EAT

Carlos Dominguez said : “But we are spending more in order to save the people and make sure that they have food on the table during this time,” “So we are also coming up with a program to continuously borrow more money to support the Philippine economy and our fight against (COVID-19)” External link

arabnews Friday, April 10, 2020 1:01:00 AM EAT

Carlos Dominguez said : “COVID-19 has hit us in a very hard way,” External link

bworldcom Thursday, April 9, 2020 3:39:00 PM EAT

Carlos Dominguez said : "Maganda ang position ng economy natin. Even though we had a bad luck to have this COVID-19, we are very well prepared. Ang growth po natin since 2016 ay 6.4 percent... Itong COVID-19 has hit us in a very hard way. Katotohanan lang ang estimate natin ang GDP growth is 0 or -1 percent. Ang unemployment rate natin ay 1.2 million workers," "We will be spending more than we will be collecting but we are spending more in order to save the people and make sure they have food on the table during this time... So ang debt to GDP natin ay tataas ng 41 percent, siguro aabot ng 47 percent. But that is still very low compared to our other neighbors," External link

manilametro Thursday, April 9, 2020 11:55:00 AM EAT

Carlos Dominguez said : "We want to assure all our citizens at this point in time, we have the money although we have to realize na hindi naman (that it's not) endless 'yung pera na ito. So we have to spend it correctly, hindi 'yung (not) for wasteful expenditures," External link

manilametro Thursday, April 9, 2020 11:55:00 AM EAT

Carlos Dominguez said : “We are confident we have the financial capability to bridge this problem the Covid-19 has brought us. So we want to assure all our citizens that at this point in time, we have the money although we have to realize na hindi naman endless ‘yung pera na ito (that the spending of this money is not endless). So we have to spend it correctly,” External link

pna Thursday, April 9, 2020 5:23:00 AM EAT

Carlos Dominguez said : “We have a survey and we have already received 44,000 respondents and we will analyze that para matingnan natin kung saan ang malaking damage sa tourism, manufacturing, at saka anong mga companies na natamaan nang masama, either small and medium enterprises or ‘yung mga big corporations (so that we can see where there is big damage in tourism, manufacturing, and which companies were hard hit, either small and medium enterprises or big corporations),” External link

pna Thursday, April 9, 2020 4:39:00 AM EAT

Carlos Dominguez said : "In other words, we will be spending more than we are collecting but we will be spending more in order to save the people and make sure that they have food on the table during this time," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : "So ang debt to GDP natin ho tataas from 41%, siguro aabot ng 47%, pero that is still very low in compared to our neighbors. May isang neighbor tayo, 80% ng GDP ang utang nila," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez added : "Ang growth ho natin from 2016 ay average 6.4 percent. 'Yung collection natin ng income ng government is the highest in 22 years as a percentage of our growth," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez added : "We want to assure all our citizens that at this point in time, we have the money, although we have to realize na hindi naman endless itong pera na ito so we have to spend it correctly. Hindi yung for wasteful expenditures," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : "We had a survey and we have already received 44,000 respondents and we will analyze that para matingnan natin kung saan ang malaking damage, sa tourism, sa manufacturing at kung anong mga companies ang natamaan ng masama," External link

abs-cbnnews Thursday, April 9, 2020 1:05:00 AM EAT

Carlos Dominguez said : “We must realise, however, that we do not know how long this contagion will last and that our funds are not inexhaustible. We must therefore prudently marshal our resources and prepare for all eventualities,” External link

gulf-times Thursday, April 9, 2020 12:55:00 AM EAT

Carlos Dominguez said : “We must realize, however, that we do not know how long this contagion will last and that our funds are not inexhaustible. We must therefore prudently marshal our resources and prepare for all eventualities,” External link

manilatimes Wednesday, April 8, 2020 8:38:00 AM EAT

Carlos Dominguez said : “These measures favor all sectors of society, (e)specially those some people call middle class,” External link

pna Tuesday, April 7, 2020 2:27:00 PM EAT

Carlos Dominguez told : “This is a very welcome initiative from [the] AIIB,” External link

manilatimes Saturday, April 4, 2020 1:33:00 AM EAT

Carlos Dominguez said : "Our initial package (of measures) has three goals: support our people, those who have lost their livelihoods; support the efforts of our frontliners to combat the coronavirus by purchasing personal protective equipment (PPEs), medical ventilators, and others; and third, to support the economy as a whole," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "We are going to tap all markets at this point. Again, as I said, it depends on how long this lasts. But we are prepared, very well prepared to increase our debt levels," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "So we're in a very good position to combat this coronavirus and we have the debt capacity to do that," External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "At this point we will keep a steady hand in the market and we will see how this develops," "As you know the state funds have a responsibility to the future generations as well. While we are supportive of the market, we have to do it in a very responsible way" External link

news-yahoo Thursday, April 2, 2020 10:29:00 AM EAT

Carlos Dominguez said : "Now more than ever, we, the Board of Governors of the ADB, should do our part to support the ADB Management in ensuring that its avowed functions are carried out with utmost efficiency and effectiveness. I therefore call on my fellow Governors to empower our trusted ADB President and the Bank's Management to work alongside the governments of developing member-economies in dealing with the crisis in a highly responsive manner," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez added : "Extraordinary times call for extraordinary measures. A certain degree of discretion ought to be provided to the President on administrative matters, such as allocating the Bank's budget and authority to approve crisis-related programs and projects, within reasonable limits," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez said : "While the immediacy of addressing the health impacts of COVID-19 is upon us, the bigger challenge facing governments and leaders now is how we can collectively address the inevitable economic fallout that will result from this pandemic," External link

4-traders Monday, March 30, 2020 6:34:00 AM EAT

Carlos Dominguez told : “I have told the people who had come out with that proposal [for] a stimulus package [that it] is not our priority at the moment,” External link

manilatimes Saturday, March 28, 2020 4:36:00 AM EAT

Carlos Dominguez told : “I have told the people who had come out with that proposal [for] a stimulus package [that it] is not our priority at the moment,” External link

manilatimes Friday, March 27, 2020 1:15:00 AM EAT

Carlos Dominguez said : “Those are roughly the numbers, but at this point, we don’t even have a very good estimate of what the GDP (gross domestic product) is going to look like. According to the NEDA (National Economic and Development Authority), it can be -0.66 percent to +4.3 percent,” External link

manilatimes Thursday, March 26, 2020 11:38:00 PM EAT

Carlos Dominguez said : “I have told the people who had come out with that proposal to do a stimulus package that is not our priority at the moment,” External link

pna Thursday, March 26, 2020 5:21:00 PM EAT

Carlos Dominguez said : "I have instructed GSIS and SSS to take advantage of the low stock prices as well as to support the stock market by at least doubling their daily average purchase volumes of last year," External link

abs-cbnnews Friday, March 13, 2020 10:51:00 AM EAT

Carlos Dominguez said ( about On Thursday ) : "Still symptom-free. Had myself tested at 3 p.m. yesterday (Thursday) & was told that I could expect results in 24-48 hours from then," External link

pna Friday, March 13, 2020 8:23:00 AM EAT

Carlos Dominguez said : “I was told that a fellow I met with last Thursday and Friday last week has tested positive for COVID-19 today. I have no symptoms but I am self-isolating until I get tested,” External link

thestandard-ph Friday, March 13, 2020 12:42:00 AM EAT

Carlos Dominguez said : “Under these arrangements, the DOF Building is abandoned and DOF holds office in alternate offices,” External link

abs-cbnnews Thursday, March 12, 2020 1:02:00 PM EAT

Carlos Dominguez said : “In view of limited working spaces, only critical employees and critical offices under each Undersecretary shall report for work in alternate offices. The rest will get instructions online and work in their respective homes,” External link

abs-cbnnews Thursday, March 12, 2020 1:02:00 PM EAT

Carlos Dominguez told : “I was told that a fellow I met with last Thursday and Friday last week has tested positive for Covid-19 today,” External link

manilatimes Wednesday, March 11, 2020 9:46:00 PM EAT

Carlos Dominguez said : “We also remain on track in achieving our target of accelerating infrastructure spending to 7 percent of GDP (gross domestic product) by 2022,” External link

manilatimes Monday, March 9, 2020 1:40:00 AM EAT

Carlos Dominguez told : “You have to look at the cycle of inventory. People here in the Philippines stock up materials way in advance of when they’re required, so you won’t see an immediate effect if there’s a slowdown because there’s inventory here,” External link

tribuneonline Sunday, March 8, 2020 11:15:00 PM EAT

Carlos Dominguez said : “Right now, what we see as the impact of COVID-19 is essentially on tourism and that’s very clear. What’s not so clear is the impact on the productive capacity of our trading partners and the supply chain, and also the demand for our products,” “We’re still parsing the data to find out which industries these are. We should get a clearer picture sometime next week although I heard some stories that people are having a hard time getting computer parts and so on and so forth. But we’re not really clear exactly what industries are affected although tourism definitely is already affected,” External link

tribuneonline Sunday, March 8, 2020 11:15:00 PM EAT

Carlos Dominguez said : “Recently, we have detected the unrestricted influx of millions of dollars worth of foreign currency. An investigation is underway to determine the sources and destinations of these foreign banknotes flagrantly stashed in suitcases and brought into the country,” External link

tribuneonline Saturday, March 7, 2020 10:34:00 PM EAT

Carlos Dominguez said : “The DoF has been calling attention to these loopholes for years. In 2016, the DoF has proposed a bold reform to Congress to penetrate the wall of confidentiality used to conceal ill-gotten money by lifting the bank secrecy rules for suspected criminal cases, however, our legislators decided to table it for later discussion,” External link

tribuneonline Saturday, March 7, 2020 10:34:00 PM EAT

Carlos Dominguez told : “The total project cost amounts to P5.45 billion, of which 4.6 billion or 84.5 percent of the total cost is proposed for official development assistance (ODA) financing through one of the multilateral agencies,” External link

tribuneonline Friday, March 6, 2020 9:06:00 PM EAT

Carlos Dominguez said ( about Rodrigo Duterte ) : “The Duterte administration will continue to ensure that all infrastructure projects are implemented on time and on budget. The ongoing implementation of the majority of these projects will provide the economy the impetus it needs to offset the challenges that could dampen growth this year,” “We also remain on track in achieving our target of accelerating infrastructure spending to 7 percent of GDP (gross domestic product) by 2022,” External link

tribuneonline Friday, March 6, 2020 9:06:00 PM EAT

Carlos Dominguez told : “If people in the legislature want more teeth to look at this. Please give us more teeth. We are not the ones who made things legal or illegal, it’s the legislature,” External link

manilatimes Friday, March 6, 2020 7:15:00 PM EAT

Carlos Dominguez told : “We are sworn to implement all the laws that are in the country but we cannot implement things that are not in the law. Please, if people are concerned, pass a law we will implement, You don’t want POGO (Philippine Offshore Gaming Operators) pass a law,” External link

tribuneonline Friday, March 6, 2020 5:08:00 PM EAT

Carlos Dominguez said : “If the people in the legislature want more teeth to look at this, please give us more teeth. We are not the ones who make things legal or illegal. It’s the legislature. We implement,” “If the law says all the guy has to do is tell us how much he’s bringing in, that’s all we can do. We can’t assume that it’s illegal. It’s not illegal to bring in any amount of foreign exchange as long as you declare it,” External link

tribuneonline Friday, March 6, 2020 5:08:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
secretary58.68%EN11/29/201729/11/2017
finance secretary31.77%EN11/29/201729/11/2017
secretary of finance0.48%EN10/16/201716/10/2017
finance minister2.55%EN08/21/201721/08/2017
minister2.15%EN06/26/201726/06/2017
agriculture secretary0.08%EN05/14/201714/05/2017
finance chief0.16%EN05/11/201711/05/2017
philippines finance minister1.67%EN05/05/201705/05/2017
ministre philippin des finances0.24%FR04/19/201719/04/2017
philippines finance secretary0.72%EN03/07/201707/03/2017
ministre des finances0.08%FR02/06/201706/02/2017
filipino finance secretary0.08%EN12/04/201604/12/2016
labor secretary0.08%EN11/08/201608/11/2016
philippines secretary of finance0.08%EN10/21/201621/10/2016
trade secretary0.08%EN09/11/201611/09/2016
executive secretary0.08%EN08/16/201616/08/2016
hotelier0.08%EN07/22/201622/07/2016
new finance secretary0.16%EN07/06/201606/07/2016
adviser0.08%EN06/28/201628/06/2016
former agriculture chief0.08%EN06/14/201614/06/2016
philippine finance chief0.08%EN06/06/201606/06/2016
ministre0.08%FR06/01/201601/06/2016
former agriculture secretary0.48%EN05/30/201630/05/2016
Names Lang Count
Carlos DominguezEN93.63%
Carlos DominguezFR1.98%
Carlos DomínguezES1.70%
Carlos DominguezPT0.99%
Carlos DomínguezEN0.85%
Carlos DomínguezPT0.71%
Carlos DominguezES0.14%
Carlos " Sonny " DominguezEN0.00%


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Wednesday, September 23, 2020

6:20:00 AM EAT


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Harry Roque said ( about Carlos Dominguez ) : “Ang mabuting balita naman po, noong huling ulat ni Presidente sa taumbayan, nandoon po si Secretary Dominguez at sinabi po niya sa akin na, halos nagkasundo na o halos plantsado na yung Bayanihan 2 at magpapatawag na nga po ng special session (The good news is, during the last report of the President to the nation, Secretary Dominguez was there and he told me that they were nearing an agreement, Bayanihan 2 is almost ironed out and we will call for a special session),” External link

manilatimes Thursday, July 2, 2020 11:32:00 AM EAT

Harry Roque told ( about Carlos Dominguez ) : "Nung huling pag-ulat ni Presidente sa taumbayan, nandun po si Secretary Dominguez at sinabi niya sa'kin halos plantsado na ‘yung Bayanihan 2 at magpapatawag na nga po ng special session," External link

abs-cbnnews Thursday, July 2, 2020 5:10:00 AM EAT

Harry Roque said ( about Carlos Dominguez ) : “Nag-rekomenda na po si Secretary Dominguez, k ung hindi po ako nagkakamali. Pero iyan po ay pinag-aaralan pa rin ng Presidente. Hindi po kasi pupuwede na special ang desisyon sa mga POGO (Secretary Dominguez already made a recommendation, if I’m not mistaken. But the President is still studying the proposal because he can’t make a special decision for POGOs),” External link

pna Wednesday, April 22, 2020 11:04:00 AM EAT

Martin Andanar said ( about Carlos Dominguez ) : "Prior to the briefing, some concerned DOF officials had been with Dominguez who has now gone on self-quarantine after exposure to a confirmed COVID-19 case during a recent senate hearing," External link

chinadaily Thursday, March 12, 2020 6:18:00 AM EAT