Recto lauds PH Tax Academy for expanding training programs, urges further scale-up to boost revenue collections for national development

Finance Secretary Ralph G. Recto has commended the Philippine Tax Academy (PTA) for expanding its training programs last year and urged the agency to further scale these efforts to strengthen…

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Recto supports the Bangsamoro govt’s plan to acquire DBP shares in the Al-Amanah Islamic Bank to promote financial inclusion and accelerate development of BARMM

Finance Secretary Ralph G. Recto has fully supported the Bangsamoro Government’s proposed acquisition of the Development Bank of the Philippines’ (DBP) shares in the Al-Amanah Islamic Investment Bank of the…

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Recto: PH labor force remains strong, lower inflation rate to boost wholesale and retail trade sector jobs thru increased discretionary spending

Finance Secretary Ralph G. Recto has emphasized that the Philippines’ labor force remains strong with all key indicators above pre-pandemic levels and that the decelerating inflation rate is expected to…

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Recto: Slower inflation in August shows effectiveness of targeted interventions to stabilize food prices, gov’t to maintain the momentum by remaining vigilant

Finance Secretary Ralph G. Recto has emphasized that the slower inflation rate in August 2024 demonstrates the effectiveness of the government's targeted interventions to stabilize food prices, and assured the…

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Recto secures more support from ADB on PH’s climate action initiatives

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,…

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