+ Follow Development Budget Coordination Committee Tag
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[0] => Array
(
[ArticleID] => 2520939
[Title] => DBCC: Suspending excise taxes on gasoline, diesel, won't provide 'meaningful relief'
[Summary] => In a statement released on Tuesday, April 14, the inter-agency body said any reduction in the retail pump prices of gasoline and diesel resulting from a tax suspension would likely be marginal and quickly offset by the volatile dynamics of the global oil market.
[DatePublished] => 2026-04-14 13:32:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2026/03/16/2_2026-03-16_22-25-07724_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 2404784
[Title] => Government hikes revenue target this year
[Summary] => The government is targeting higher revenues for 2024 while keeping its medium-term fiscal goals for 2025 to 2028 largely unchanged, according to the Development Budget Coordination Committee.
[DatePublished] => 2024-12-04 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808134
[AuthorName] => Keisha Ta-Asan
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/12/03/a2-11-14_2024-12-03_18-34-43320_thumbnail.jpg
)
[2] => Array
(
[ArticleID] => 2120907
[Title] => Duterte gov't tempers growth targets again as new lockdowns cripple economy
[Summary] => The Duterte administration’s growth outlook just got bleaker, as new lockdowns dash the government’s hopes for a strong and quick recovery this year from a pandemic-induced crash.
[DatePublished] => 2021-08-16 17:16:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805247
[AuthorName] => Ian Nicolas Cigaral
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2021/08/18/temperature-check-qc-3_2021-08-18_17-17-5247_thumbnail.jpg
)
[3] => Array
(
[ArticleID] => 1989361
[Title] => Despite headwinds, Philippines likely to hit growth target for 2020
[Summary] => Robust public spending, strong domestic consumption and a revitalized agricultural sector would likely drive economic growth this year despite the presence of domestic and external headwinds, according to economic managers.
[DatePublished] => 2020-02-01 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/01/31/ecomnomy_2020-01-31_19-43-43926_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 1976804
[Title] => SDGs to be integrated into budgeting process
[Summary] => A sub-committee for monitoring progress on the Sustainable Development Goals has been created under the inter-agency Development Budget Coordination Committee, the National Economic and Development Authority said yesterday.
[DatePublished] => 2019-12-14 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805762
[AuthorName] => Czeriza Valencia
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/12/13/neda_2019-12-13_18-49-50933_thumbnail.jpg
)
[5] => Array
(
[ArticleID] => 1948211
[Title] => Economic managers flag fiscal risks
[Summary] => A Supreme Court (SC) ruling which increases the internal revenue allotment (IRA) share of local government units (LGUs) has been flagged by economic managers as a risk to the country’s fiscal stability.
[DatePublished] => 2019-09-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/09/01/bus1-ernesto-pernia-michael-varcas_2019-09-01_18-50-56157_thumbnail.jpg
)
[6] => Array
(
[ArticleID] => 1939794
[Title] => Tax reform to drive revenues to P4.42 T by 2022
[Summary] => The government is expected to generate P4.42 trillion in revenue by 2022, driven by incremental tax collections arising from the tax reform program, according to the latest medium-term fiscal program of the Development Budget Coordination Committee (DBCC).
[DatePublished] => 2019-08-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/08/01/bus5-tax-bir-kjrosales_2019-08-01_20-20-30661_thumbnail.jpg
)
[7] => Array
(
[ArticleID] => 1936151
[Title] => DBCC revises 2019 economic targets
[Summary] => The inter-agency Development Budget Coordination Committee (DBCC) has slashed its domestic inflation forecast for 2019 following the implementation of measures to cut down food prices.
[DatePublished] => 2019-07-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1901515
[Title] => Tax amnesty clips government revenue target
[Summary] => The Duterte administration’s economic managers have decided to cut the government’s revenue target this year following the enactment of a watered down tax amnesty law.
[DatePublished] => 2019-03-15 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/03/14/bus1-tax-amnesty-bill-eddgumban_2019-03-14_20-17-10515_thumbnail.jpg
)
[9] => Array
(
[ArticleID] => 1895644
[Title] => Government overshoots fiscal deficit target in 2018
[Summary] => The national government incurred a fiscal deficit of P558.26 billion in 2018, surpassing the revised ceiling set by economic managers for the period.
[DatePublished] => 2019-02-22 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/02/21/bus1-infrastructure_2019-02-21_20-24-48312_thumbnail.jpg
)
)
)
Development Budget Coordination Committee
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2520939
[Title] => DBCC: Suspending excise taxes on gasoline, diesel, won't provide 'meaningful relief'
[Summary] => In a statement released on Tuesday, April 14, the inter-agency body said any reduction in the retail pump prices of gasoline and diesel resulting from a tax suspension would likely be marginal and quickly offset by the volatile dynamics of the global oil market.
[DatePublished] => 2026-04-14 13:32:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2026/03/16/2_2026-03-16_22-25-07724_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 2404784
[Title] => Government hikes revenue target this year
[Summary] => The government is targeting higher revenues for 2024 while keeping its medium-term fiscal goals for 2025 to 2028 largely unchanged, according to the Development Budget Coordination Committee.
[DatePublished] => 2024-12-04 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808134
[AuthorName] => Keisha Ta-Asan
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/12/03/a2-11-14_2024-12-03_18-34-43320_thumbnail.jpg
)
[2] => Array
(
[ArticleID] => 2120907
[Title] => Duterte gov't tempers growth targets again as new lockdowns cripple economy
[Summary] => The Duterte administration’s growth outlook just got bleaker, as new lockdowns dash the government’s hopes for a strong and quick recovery this year from a pandemic-induced crash.
[DatePublished] => 2021-08-16 17:16:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805247
[AuthorName] => Ian Nicolas Cigaral
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2021/08/18/temperature-check-qc-3_2021-08-18_17-17-5247_thumbnail.jpg
)
[3] => Array
(
[ArticleID] => 1989361
[Title] => Despite headwinds, Philippines likely to hit growth target for 2020
[Summary] => Robust public spending, strong domestic consumption and a revitalized agricultural sector would likely drive economic growth this year despite the presence of domestic and external headwinds, according to economic managers.
[DatePublished] => 2020-02-01 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/01/31/ecomnomy_2020-01-31_19-43-43926_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 1976804
[Title] => SDGs to be integrated into budgeting process
[Summary] => A sub-committee for monitoring progress on the Sustainable Development Goals has been created under the inter-agency Development Budget Coordination Committee, the National Economic and Development Authority said yesterday.
[DatePublished] => 2019-12-14 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805762
[AuthorName] => Czeriza Valencia
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/12/13/neda_2019-12-13_18-49-50933_thumbnail.jpg
)
[5] => Array
(
[ArticleID] => 1948211
[Title] => Economic managers flag fiscal risks
[Summary] => A Supreme Court (SC) ruling which increases the internal revenue allotment (IRA) share of local government units (LGUs) has been flagged by economic managers as a risk to the country’s fiscal stability.
[DatePublished] => 2019-09-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/09/01/bus1-ernesto-pernia-michael-varcas_2019-09-01_18-50-56157_thumbnail.jpg
)
[6] => Array
(
[ArticleID] => 1939794
[Title] => Tax reform to drive revenues to P4.42 T by 2022
[Summary] => The government is expected to generate P4.42 trillion in revenue by 2022, driven by incremental tax collections arising from the tax reform program, according to the latest medium-term fiscal program of the Development Budget Coordination Committee (DBCC).
[DatePublished] => 2019-08-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/08/01/bus5-tax-bir-kjrosales_2019-08-01_20-20-30661_thumbnail.jpg
)
[7] => Array
(
[ArticleID] => 1936151
[Title] => DBCC revises 2019 economic targets
[Summary] => The inter-agency Development Budget Coordination Committee (DBCC) has slashed its domestic inflation forecast for 2019 following the implementation of measures to cut down food prices.
[DatePublished] => 2019-07-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1901515
[Title] => Tax amnesty clips government revenue target
[Summary] => The Duterte administration’s economic managers have decided to cut the government’s revenue target this year following the enactment of a watered down tax amnesty law.
[DatePublished] => 2019-03-15 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/03/14/bus1-tax-amnesty-bill-eddgumban_2019-03-14_20-17-10515_thumbnail.jpg
)
[9] => Array
(
[ArticleID] => 1895644
[Title] => Government overshoots fiscal deficit target in 2018
[Summary] => The national government incurred a fiscal deficit of P558.26 billion in 2018, surpassing the revised ceiling set by economic managers for the period.
[DatePublished] => 2019-02-22 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2019/02/21/bus1-infrastructure_2019-02-21_20-24-48312_thumbnail.jpg
)
)
)
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