Opening Statement
Kapihan sa Manila Bay

Ralph G. Recto Secretary of Finance August 7, 2024 Thank you, Marichu, for having me. To everyone present here today, magandang umaga po sa inyong lahat. I’m sure we are…

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Opening Statement
Kapihan sa Manila Bay

Recto gives recognition to Landbank’s outstanding cooperatives, MSMEs, financial institutions, corporations, and farmers as strong partners in national development

Finance Secretary Ralph G. Recto has given recognition to the Landbank of the Philippines (LANDBANK)’s outstanding cooperatives, micro, small and medium enterprises (MSMEs), financial institutions, corporations, and farmers as strong…

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Recto: PH continues to lead ASEAN with strong 6.3% Q2 GDP growth driven by robust construction and investments as Build Better More proceeds in full steam

Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again among the frontrunners in the ASEAN region, posting a strong year-on-year (yoy) growth of 6.3% in…

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Recto optimistic on achieving single-digit poverty incidence in 2028 as PH posts highest-ever employment and historic low unemployment rates in June 2024

Finance Secretary Ralph G. Recto has expressed optimism on achieving the Marcos, Jr. administration’s ultimate goal of reducing the poverty rate to a single-digit or 9% by 2028, as the…

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Signing Ceremony for Dumaguete Airport Development Project Loan Agreement and the Economic Development Promotion Facility Cooperation Agreement

Ralph G. Recto Secretary of Finance August 7, 2024 Transportation Secretary Jimmy Bautista; Export-Import Bank of Korea Chairman and President Mr. Yoon Hee Sung; Officials from the Embassy of the…

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Signing Ceremony for Dumaguete Airport Development Project Loan Agreement and the Economic Development Promotion Facility Cooperation Agreement

Recto secures financing agreements with South Korea on new Dumaguete Airport and facility that will deliver more infrastructure projects nationwide

Finance Secretary Ralph G. Recto has secured financing agreements with the Government of Korea, through the Export-Import Bank of Korea (KEXIM), on the new Dumaguete Airport Development Project and the…

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Recto: Inflation in July likely a one-time uptick, to temper and fall within target for the rest of the year as gov’t interventions take full effect

Finance Secretary Ralph G. Recto has assured the public that the inflation rate in July is likely a one-time uptick due to high base effects and is expected to temper…

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