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Moody’s affirmation of PH credit rating reflects strong confidence in the country’s high medium-term growth following biz-friendly reforms and fiscal consolidation

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…

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August 23, 2024
Read more about the article Moody’s affirmation of PH credit rating reflects strong confidence in the country’s high medium-term growth following biz-friendly reforms and fiscal consolidation
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Recto: Use of PhilHealth’s sleeping funds will do no harm to its members nor on its plans to expand benefit packages this year

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…

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August 19, 2024
Read more about the article Recto: Use of PhilHealth’s sleeping funds will do no harm to its members nor on its plans to expand benefit packages this year
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Recto: R&I’s upgrade of PH credit rating to A- reflects robust investor confidence in the country’s high economic growth, strong fiscal position, and promising outlook

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…

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August 14, 2024
Read more about the article Recto: R&I’s upgrade of PH credit rating to A- reflects robust investor confidence in the country’s high economic growth, strong fiscal position, and promising outlook
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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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August 9, 2024
Read more about the article Recto gives recognition to Landbank’s outstanding cooperatives, MSMEs, financial institutions, corporations, and farmers as strong partners in national development
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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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August 8, 2024
Read more about the article 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
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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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August 7, 2024
Read more about the article Recto optimistic on achieving single-digit poverty incidence in 2028 as PH posts highest-ever employment and historic low unemployment rates in June 2024
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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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August 7, 2024
Read more about the article Recto secures financing agreements with South Korea on new Dumaguete Airport and facility that will deliver more infrastructure projects nationwide