Finance Secretary Ralph G. Recto has kicked off the World Bank-International Monetary Fund (WB-IMF) Spring Meetings this year with a high-level meeting with World Bank Group (WBG) top officials where he secured support for the Philippine government’s digitalization program to enhance tax administration, among other key areas.

Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon that will provide a reliable power supply for Filipinos and advance the Philippines’ climate ambition of transitioning to a clean energy future.

Finance Secretary Ralph G. Recto has expressed confidence in the capability of the Department of Finance (DOF) team to fulfill the agency’s noble mission of delivering an economy that benefits every Filipino, while underscoring that empathy should be at the core of public service to genuinely meet the needs of the people.

Finance Secretary Ralph G. Recto has secured financing agreements with the Japan International Cooperation Agency (JICA) for two big-ticket infrastructure projects under President Ferdinand R. Marcos, Jr.’s Build Better More program that will help drive inclusive growth for all Filipinos.