2006
Retention of GRT on banks’ income from lending activities at 5% and 1% (instead of the proposed 7% and 3%)
Advocated lifting by the BSP of moratorium on bank branching/liberalized branching policy
Exemption of loans to small enterprises from the required submission of ITR/AFS, giving them 2 years within which to comply
Joint venture arrangements with real estate developers to hasten disposal of ROPOAs