DOF leads conclusion of PH-Cambodia double taxation agreement to protect Filipinos’ taxing rights and increase trade and investment across economic borders

The Department of Finance (DOF) has led the conclusion of the draft double taxation agreement (DTA) between the Philippines and Cambodia on April 19, 2024 to protect Filipinos’ taxing rights…

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DOF eyes to execute around USD 1.5B-worth of projects with JICA for 2024-2025, to facilitate signing of 4 major loan agreements within the year

The Department of Finance (DOF) eyes to execute at least around USD 1.5 billion-worth of pipeline projects with the Japan International Cooperation Agency (JICA) for 2024-2025, and is working towards…

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Recto pays tribute to predecessors, highlights their crucial roles in keeping the economy strong and stable throughout periods of crisis

Finance Secretary Ralph G. Recto has paid tribute to his predecessors during a dinner reception for past Department of Finance (DOF) secretaries and officials, highlighting their crucial roles in keeping…

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Recto: Potential MIC inaugural investment portfolio with BCDA to unlock wealth of opportunities to enhance quality of life and generate jobs for Filipinos

Finance Secretary Ralph G. Recto has lauded the signing of the Memorandum of Understanding (MOU) between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA) to…

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Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office

Finance Secretary Ralph G. Recto has hit the ground running towards an inclusive future that benefits all Filipinos by introducing growth-enhancing strategies in the government’s economic roadmap during his first…

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Recto completes his team with newly appointed Chief Economist and Undersecretaries for fiscal policy formulation and revenue operations

Finance Secretary Ralph G. Recto has completed his team at the Department of Finance (DOF) with President Ferdinand R. Marcos, Jr.’s newly appointed Chief Economist and two Undersecretaries tasked to…

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Inter-Agency Task Force on Sustainable Finance doubles efforts to mobilize financing to catalyze green investments and drive sustainable growth

The Inter-Agency Task Force on Sustainable Finance (ITSF) has doubled its efforts to mobilize various sources of public and private financing with the issuance of the Sustainable Finance Taxonomy Guidelines…

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Recto positions PH at the forefront of crisis and disaster response as first country to sign a Rapid Response Option agreement with World Bank

Finance Secretary Ralph G. Recto has positioned the Philippines at the forefront of crisis and disaster response by being the first country to sign the Rapid Response Option (RRO) agreement with the World Bank Group (WBG).

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Recto secures commitments from ADB on digitalization, human capital and infra development, and disaster preparedness programs

Finance Secretary Ralph G. Recto has secured commitments from Asian Development Bank (ADB) President Masatsugu Asakawa to support key priority development programs for the Philippines, focusing on boosting digitalization, improving human capital and infrastructure, and enhancing disaster preparedness.

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