Diokno: 50 bps rate cut, slow RRR reduction next year

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 18 Dec 2019 15:00:40 +0000

The central bank is likely to cut interest rates by at least 50 basis points next year, but will take it slow in terms of reducing banks’ reserve requirement ratio (RRR), Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. “For policy cuts, at least 50 basis points (bps). We’re observing what the other central […]

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Andaya shelves bid to probe Diokno over budget insertions

Credit to Author: Alexander Magno| Date: Wed, 06 Mar 2019 15:40:13 +0000

Andaya shelves bid to probe Diokno over budget insertions

Rep. Rolando Andaya Jr., the House appropriations committee chairman, seems to have backed off, at least temporarily, on his bid to investigate outgoing budget chief Benjamin Diokno over alleged insertions in the 2019 national budget.

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Andaya on Diokno probe: ‘Maybe next Congress’

Credit to Author: The Manila Times| Date: Wed, 06 Mar 2019 11:37:05 +0000

THE investigation against incoming Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno will no longer be pursued under this Congress, said a leader at the House of Representatives who actively…READ

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Diokno hopes next Budget chief neither ‘politician’ nor ‘ex-politician’

Credit to Author: The Manila Times| Date: Wed, 06 Mar 2019 06:19:53 +0000

OUTGOING Budget secretary Benjamin Diokno on Wednesday  hopes that his successor will neither be a “politician” nor “an ex-politician” and is considering recommending a “technocrat” for the job. In his…READ

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Diokno: PH reverses 12 years of underspending

Credit to Author: CATHERINE S. VALENTE, TMT| Date: Wed, 06 Mar 2019 05:37:04 +0000

OUTGOING Budget Secretary Benjamin Diokno on Wednesday announced that 98.5 percent of the P3.767-trillion national budget for 2018 has been released, reversing 12 years of underspending in government. Diokno, who…READ

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New BSP chief wants to hasten cut in banks’ reserve requirement ratio

Credit to Author: The Manila Times| Date: Wed, 06 Mar 2019 04:44:35 +0000

NEWLY-appointed Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Wednesday wants to accelerate the reduction of banks’ reserve requirement ratio (RRR) following the lowering of inflation rate, which was expected to settle…READ

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Diokno hopes next DBM secretary ‘not a politician’

Credit to Author: cbibe| Date: Wed, 06 Mar 2019 03:44:18 +0000

Diokno hopes next DBM secretary 'not a politician'

Outgoing Budget Secretary Benjamin Diokno said he was hoping the next chief of the DBM would not be a politician.

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Diokno: PH ends underspending, ‘slightly’ exceeds 2018 target

Credit to Author: cbibe| Date: Wed, 06 Mar 2019 03:26:20 +0000

Diokno: PH ends underspending, ‘slightly’ exceeds 2018 target

The Philippines exceeded its spending target in 2018, reversing 12 years of underspending, outgoing Budget Secretary Benjamin Diokno said.

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Diokno: Changes in nat’l budget after Congress OK is ‘abuse of discretion’

Credit to Author: mfrialde| Date: Wed, 06 Mar 2019 02:12:10 +0000

If members of the House of Representatives “changed the composition” of the national budget after it has been approved by Congress

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Palace: No need for new BSP chief Diokno to get CA nod

Credit to Author: CATHERINE S. VALENTE, TMT| Date: Wed, 06 Mar 2019 00:43:52 +0000

NEWLY appointed Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno doesn’t have to get the nod of the Commission on Appointments (CA) to serve his post, Malacañang clarified on Wednesday….READ

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