Finance Secretary Ralph G. Recto has secured more support from Asian Development Bank (ADB) President Masatsugu Asakawa for the Philippines' climate action efforts during a high-level meeting on August 28,…
Finance Secretary Ralph G. Recto has urged his fellow Finance Ministers to drive integrated solutions that bring climate action and poverty eradication all together, stressing the need to balance economic…
Ralph G. Recto Secretary of Finance August 28, 2024 His Excellency David Paul, Minister of Finance of the Marshall Islands; Dr. Charlotte Justine Diokno-Sicat, Executive Director, Asian Development Bank; Winfried…
Finance Secretary Ralph G. Recto has underscored to the members of the Senate that the Department of Finance (DOF)’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public…
Ralph G. Recto Secretary of Finance August 27, 2024 Thank you for this opportunity to brief the Committee on the 2025 Proposed Budget of the Department of Finance, its bureaus,…
Finance Secretary Ralph G. Recto has welcomed Moody’s recent affirmation of the Philippines’ Baa2 rating with Stable outlook, which reflects strong confidence in the country’s high medium-term growth potential due…
With the government working to provide for the urgent needs of 115 million Filipinos, it is imperative that it mobilizes unused and idle funds so that these can be tapped…
Finance Secretary Ralph G. Recto assured the public that the use of the Philippine Health Insurance Corporation (PhilHealth)’s sleeping funds for the government’s priority programs and projects will do no…
Finance Secretary Ralph G. Recto has celebrated Japan’s Rating and Investment Information, Inc.’s (R&I) recent upgrade of the Philippines’ credit rating to A- with stable outlook, which reflects robust investor…
Ralph G. Recto Secretary of Finance August 13, 2024 Thank you for this opportunity to brief the Senate about the national government’s fiscal position. A discussion of our fiscal prospects…
