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Philippines calls for urgent completion of a new financing framework that will support developing countries in balancing growth and climate action

The Philippines is calling for urgent action to finalize the New Collective Quantified Goal on Climate Finance (NCQG) before 2025 to support developing countries in balancing growth and addressing climate…

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October 21, 2024
Read more about the article Philippines calls for urgent completion of a new financing framework that will support developing countries in balancing growth and climate action
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DOF leads project implementation-capacity building workshop to streamline the PSF process for LGU beneficiaries and strengthen PH’s climate resiliency

The Department of Finance (DOF) led a project implementation-capacity building workshop on September 30, 2024 to streamline the People’s Survival Fund (PSF) process for local government unit (LGU) beneficiaries and…

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October 16, 2024
Read more about the article DOF leads project implementation-capacity building workshop to streamline the PSF process for LGU beneficiaries and strengthen PH’s climate resiliency
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DOF Revenue Office secures third ISO certification for consistently meeting global standards of quality assurance and business

The Department of Finance’s (DOF) Revenue Office (RO) and support offices have secured their third International Organization for Standardization (ISO) certification, indicating that public service consistently adheres to global standards…

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October 11, 2024
Read more about the article DOF Revenue Office secures third ISO certification for consistently meeting global standards of quality assurance and business
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Recto seals financing deals with South Korea for 3 big infra projects that will enhance mobility and support economic development in Luzon and Visayas

Finance Secretary Ralph G. Recto sealed financing deals with the Government of Korea for three big infrastructure projects that will enhance mobility and support economic development in Luzon and Visayas.…

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October 9, 2024
Read more about the article Recto seals financing deals with South Korea for 3 big infra projects that will enhance mobility and support economic development in Luzon and Visayas
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Recto upbeat on 1.45M new jobs created for Filipinos in August, expects more employment opportunities for all as inflation drops and holiday season kicks in

Finance Secretary Ralph G. Recto expressed optimism over the 1.45 million new jobs created for Filipinos in August 2024, anticipating even more employment opportunities as inflation drops to a four-year…

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October 8, 2024
Read more about the article Recto upbeat on 1.45M new jobs created for Filipinos in August, expects more employment opportunities for all as inflation drops and holiday season kicks in
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Recto spotlights PH biz-friendly reforms to roll out a red carpet for investors, commits to continue dialogue with joint foreign chambers for policy improvements

Finance Secretary Ralph G. Recto has spotlighted the Philippines’ business-friendly reforms to roll out a red carpet for investors before members of the Joint Foreign Chambers of the Philippines (JFC)…

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October 7, 2024
Read more about the article Recto spotlights PH biz-friendly reforms to roll out a red carpet for investors, commits to continue dialogue with joint foreign chambers for policy improvements
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Recto on PH recording lowest inflation rate of 1.9% in 4 years: Gov’t vows to keep prices affordable to ensure a merry Christmas for all Filipinos

Finance Secretary Ralph G. Recto has welcomed the sharp drop in the country’s inflation rate to 1.9% in September 2024––the lowest in four years––and vowed to intensify whole-of-government efforts to…

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October 4, 2024
Read more about the article Recto on PH recording lowest inflation rate of 1.9% in 4 years: Gov’t vows to keep prices affordable to ensure a merry Christmas for all Filipinos
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Recto: Value-added tax law on digital services ensures equitable tax treatment on all digital businesses, boosts revenue collections for national development

Finance Secretary Ralph G. Recto lauds the enactment of a new law that will ensure equitable tax treatment on all digital businesses providing services in the Philippines and boost much-needed…

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October 2, 2024
Read more about the article Recto: Value-added tax law on digital services ensures equitable tax treatment on all digital businesses, boosts revenue collections for national development