Citing the need to strengthen the country’s connectivity infrastructure to increase digital technology adoption, the Department of Finance (DOF) has announced that the Philippine government is venturing into its first Digital Transformation Development Policy Loan worth $1 billion.
DOF secretary Carlos Dominguez made the declaration as he signed with US Embassy in the Philippines a $809,450.00 grant agreement for the BIR’s ICT Modernization Strategy and Data Center Project.
