The Marcos Jr. administration has made 2024 a banner year for economic achievements and has once again successfully positioned the Philippines as among the fastest-growing economies in Asia despite global…
Finance Secretary Ralph G. Recto championed the central role of sound corporate governance anchored in sustainability in fostering inclusive growth across Asian economies during the Organization for Economic Cooperation and…
Ralph G. Recto Secretary of Finance To be delivered by Usec Alu December 11, 2024 Esteemed colleagues from the Organization for Economic Cooperation and Development; representatives from across the region;…
The Philippines and the Lao People’s Democratic Republic (PDR) successfully conducted the first round of negotiations for its Double Taxation Agreement (DTA) on December 4-6, 2024 in Luang Prabang, Lao…
Finance Secretary Ralph G. Recto is optimistic about the Philippines' economic prospects in 2025, fueled by the recent enactment of two key laws aimed at boosting the tourism industry and…
Finance Secretary Ralph G. Recto highlighted the sustained strength of the country’s labor market as the unemployment rate fell to 3.9% in October 2024, bringing the year-to-date average to 4.0%—well…
Finance Secretary Ralph G. Recto highlighted that the country’s inflation rate stays firmly within the target range, reflecting the government’s effective interventions to ease supply pressures for key food items,…
25.11.2024 Intramuros, Manila, Philippines The Philippines and the European Union (EU) convened the Fourth Meeting of the Sub-Committee on Development Cooperation in Manila, Philippines on November 25, 2024, wherein both…
Finance Secretary Ralph G. Recto has recently sealed a financing agreement with the World Bank - International Bank for Reconstruction and Development (WB-IBRD) to rebuild over 3,000 climate-resilient schools damaged…
