With the government working to provide for the urgent needs of 115 million Filipinos, it is imperative that it mobilizes unused and idle funds so that these can be tapped…
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…
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…
Finance Secretary Ralph G. Recto has underscored that the Philippines is on track to meet its fiscal program for 2024 on the back of the government’s robust revenue effort and…
The Department of Finance (DOF) has teamed up with relevant government agencies to discuss ways to promote transparency in the Official Development Assistance (ODA) process and monitor the impact of…
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…
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…
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…
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…
Finance Secretary Ralph G. Recto has assured the public that the inflation rate in July is likely a one-time uptick due to high base effects and is expected to temper…
