Nine rural banks and a bank consortium have secured grants worth $655,000 from the Asian Development Bank (ADB) for the implementation of digital transformation solutions aimed at catalyzing financial inclusion.
The Philippines ranked 115th among 180 countries in the 2023 Corruption Perceptions Index (CPI) of global anti-graft watchdog Transparency International, improving from its 116th ranking in 2022.
The National Economic and Development Authority (NEDA) said the goals of the government's Philippine Development Plan (PDP) could be achieved by faithfully carrying out the plan’s transformation agenda in 2024 and in the coming years.
This was revealed by the Philippine Institute of Development Studies (PIDS) in its latest book, "Critical Issues in the Philippine Digital Economy" which offers valuable insights into the country's digital economic landscape.
The National Economic and Development Authority (NEDA) said it will promote and advance innovation in the country with priorities in digital transformation and infrastructure...
In fiscal year 2021, only 5 percent of LGUs made efforts to accept electronic payments through the Electronic Payment and Collection System, according to the Department of Finance.
National Economic and Development Authority (NEDA) director-general Arsenio Balisacan has stressed the need for the government to transform its own processes so that Filipinos can more easily access and avail of the public services.