DOF: PH’s full implementation of int’l merchandise passport will showcase Filipino-made products globally and provide wider access to foreign market opportunities

The Department of Finance (DOF) has pushed for the Philippines’ full implementation of an international merchandise passport that will showcase Filipino-made products globally and provide wider access for local businesses…

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GCF Board approves $1B-worth climate adaptation and mitigation projects, includes project that will empower PH green entrepreneurs

The Green Climate Fund (GCF) Board has approved USD 1 billion-worth of climate adaptation and mitigation projects, including a project that will empower Philippine green entrepreneurs to promote climate-resilient development…

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Opening Statement
2024 Post-SONA Discussions

Ralph G. Recto Secretary of Finance July 23, 2024 9:00 am - 11:00 am Magandang araw po sa inyong lahat. As you know, the Department of Finance is the government’s…

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Opening Statement
2024 Post-SONA Discussions

Recto encouraged by lower 2023 poverty incidence, vows to ramp up govt’s initiatives to sustain rapid economic growth and further develop human capital

Finance Secretary Ralph G. Recto has underscored that the Philippines’ lower and better-than-expected poverty incidence in 2023 is very encouraging and has committed to ramp up government’s initiatives in sustaining…

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Maharlika Investment Corp finalizes investment and risk management framework, secures associate membership in int’l organization of sovereign wealth funds

The Maharlika Investment Corporation (MIC) has finalized its investment and risk management framework as well as secured its associate membership in the International Forum of Sovereign Wealth Funds (IFSWF), giving…

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Recto welcomes the implementation of an interagency data-sharing system for a more efficient and modernized tax administration

Finance Secretary Ralph G. Recto has welcomed the implementation of an interagency data-sharing system that will facilitate a more efficient and modernized tax administration process, helping the government boost much-needed…

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