Finance Secretary Ralph G. Recto has welcomed the sharp drop in inflation to 2.1% in February 2025, calling it a major win for lower-income households as it provides much-needed relief,…
Solicitor General Menardo I. Guevarra has underscored before the Supreme Court that the majority of the Philippine Health Insurance Corporation’s (PhilHealth) PHP 60 billion excess funds remittance to the National…
Finance Secretary Ralph G. Recto has lauded the Philippines' successful exit from the Financial Action Task Force’s (FATF) grey list, which is a significant step for the country to secure…
Finance Secretary Ralph G. Recto has secured a grant from the European Union (EU) for a program to protect Filipinos’ rights to a responsive justice system, which is key to…
Finance Secretary and Fiscal Incentives Review Board (FIRB) Chair Ralph G. Recto has underscored that the much-awaited signing of the Implementing Rules and Regulations (IRR) of the Corporate Recovery and…
Finance Secretary and Fiscal Incentives Review Board (FIRB) Chair Ralph G. Recto led its 25th FIRB Board Meeting on February 12, 2025, marking the first time the board evaluated projects…
The Department of Finance (DOF) is set to steer the Development Bank of the Philippines (DBP) to greater financial stability as Chairperson of the Board, boosting its strength to become…
The Philippines and Cambodia have signed a double taxation agreement (DTA) to boost business confidence, increase trade, and spur economic growth between the two nations. The DTA was signed for…
Finance Secretary Ralph G. Recto welcomed the unprecedented progress in the Philippines’ labor market in 2024, with the full-year average unemployment rate at its lowest level of 3.8% since the…
Finance Secretary Ralph G. Recto highlighted that the low and steady inflation rate of 2.9% in January 2025 gives the Bangko Sentral ng Pilipinas (BSP) room to cut its policy…
