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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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September 6, 2024
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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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September 5, 2024
Read more about the article Recto: Slower inflation in August shows effectiveness of targeted interventions to stabilize food prices, gov’t to maintain the momentum by remaining vigilant
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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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August 29, 2024
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Recto leads high-level meeting of Finance Ministers for climate action, urges peers to drive integrated solutions that bring climate resilience and poverty eradication together

Finance Secretary Ralph G. Recto has urged his fellow Finance Ministers to drive integrated solutions that bring climate action and poverty eradication all together, stressing the need to balance economic…

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August 28, 2024
Read more about the article Recto leads high-level meeting of Finance Ministers for climate action, urges peers to drive integrated solutions that bring climate resilience and poverty eradication together
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Recto: DOF’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public service, adheres to the highest standards of fiscal discipline

Finance Secretary Ralph G. Recto has underscored to the members of the Senate that the Department of Finance (DOF)’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public…

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August 27, 2024
Read more about the article Recto: DOF’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public service, adheres to the highest standards of fiscal discipline
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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