WATCH: Philippine Institute for Development Studies Senior Research Fellow John Paolo Rivera explains that if poorly timed, abolishing VAT could be inflationary. Particularly, he said that this will undermine the BSP’s easing cycle and tend to be destructive, affecting inflation expectations and even investor sentiment. Watch the video for more details. | Department of Finance

WATCH: What will happen if we abolish VAT? Philippine Institute for Development Studies Senior Research Fellow John Paolo Rivera discusses the risks of abolishing VAT in the country. In an interview, he explained that VAT remains to be one of the most efficient and broad based sources of our revenue. Thus, abolishing it without credible and sufficient replacement could destabilize our fiscal policy and reduce our fiscal space. Among others, this will particularly affect our public education, hea

Ms. Angely Garcia of the University of the Philippines Institute on Aging emphasizes that we need to talk about AI because "it has a lot of promising approaches that can be utilized in the care of older persons." Watch Ms. Garcia’s session on Aging and AI: https://youtu.be/iV5GfIHNDIo 📢 Be part of DPRM 2025! 🔗 dprm.pids.gov.ph 🎨 bit.ly/DPRM2025Frame 📣 Share your DPRM activities: https://padlet.com/DPRM2025/activities Revisit the 2025 Annual Public Policy Conference full video playback, the h

“Policy is important because policy drives market and this is particularly important for the use of AI because AI must also be driven by proper policy grounded on firm values.” Mr. Norman Ocaña III ofSchneider Electric underscores that technology follows the policies we set. With rules anchored on firm values, government and institutions can ensure AI empowers communities and drives meaningful development. Watch Mr. Ocana’s session on Energy and AI: https://youtu.be/aRyl52pXd9A 📢 Be part of DPR