Finance Secretary Ralph G. Recto has commended the country’s government securities-eligible dealers (GSEDs) for their critical role in nation-building by helping the government raise funds and promote financial inclusion among…

Finance Secretary Ralph G. Recto has secured a new financing agreement with the Asian Development Bank (ADB) for a game-changing road network project that will enhance climate resilience for the…

Finance Secretary and Fiscal Incentives Review Board (FIRB) Chairperson Ralph G. Recto has lauded the recent enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for…

The Senate of the Philippines commended the Department of Finance’s (DOF) digitalization efforts and reforms for efficient public service as it closed the period of interpellations for the Department’s 2025…

The Department of Finance (DOF) is set to join the new global Sustainable Finance Initiative (SFI) that will enhance information sharing and capacity-building on sustainable finance issues. The intention to…

Finance Secretary Ralph G. Recto has pointed out that the Philippines continued to expand by 5.2% in the third quarter of 2024 due to an acceleration in private spending and…

Finance Secretary Ralph G. Recto has underscored that the Philippines’ strong economic momentum is in place and that the country must do everything to take advantage of it. “The Philippine…

Finance Secretary Ralph G. Recto underscored that the Philippines’ unemployment rate dropped to 3.7% in September as the country sets the stage to fully harness its demographic sweet spot—the greatest…

Finance Secretary Ralph G. Recto has assured the public that the country is still on track with its inflation target for 2024 despite a slight uptick in prices in October…