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The Philippine Guarantee Corporation is the Philippines export credit agency providing trade finance. It is setup as a government-owned and controlled corporation attached to the Philippines Department of Finance .
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The application of the OECD arrangement in providing export credit is mandatory in EU countries under Art. 1 of Regulation (EU) No. 1233/2011. [ 4 ] The Berne Union , or officially, the International Union of Credit & Investment Insurers, is an international organisation for the export credit and investment insurance industry.
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
This category lists GOCCs of the Philippines which have an article in the English-language Wikipedia. The main articles for this category are Governance Commission for GOCCs and Government-owned and controlled corporation .
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...
The Philippines enjoyed a record low debt-to-GDP ratio of 39.6% in 2019 with Dominguez as head of the country’s economic team. Through bold tax reforms and better tax administration, he was also able to raise the Philippines’ revenue effort to 16.1% of GDP in 2019, the country’s best performance in more than two decades.
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