DOF to Refile DBP, Landbank Charter Amendments in 20th Congress
The Philippine Star
|July 19, 2025
The Department of Finance (DOF) will refile measures seeking to amend the charters of the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) in the 20th Congress.
Finance Secretary Ralph Recto said the department is still reviewing the reason behind President Marcos' veto of the proposed DBP charter amendments, but confirmed that both bills are still part of the DOF's legislative priorities.
"We will refile both measures, hopefully as soon as possible," Recto said, clarifying that they will reintroduce the bills to the 20th Congress this year.
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