Govt agencies must build fiscal resilience

GOVERNMENT agencies must strengthen their fiscal resilience to collect more funds to respond to the Covid-19 pandemic, according to Finance Secretary Carlos Dominguez 3rd.

“At both national and local levels, we need to optimize our revenue generation powers and improve tax administration to raise necessary funds for our Covid-19 response efforts and economic recovery program,” he said during the first Interagency Governing Board (IGB) meeting on Tuesday.